Hello Everyone,

Malaysia is focused on attracting investments in the solar energy industry,
viewed as a new source of growth, given the rising trend towards renewable
energy, stated Malaysian Industrial Development Authority (MIDA) Senior Director
of Investment, Phang Ah Tong.

As the capital investment in a solar power project is substantial at around US$1
billion, MIDA would undertake concerted efforts to attract more investments in
this area, Phang said at the recent MIDA Seminar on Business Opportunities in
Malaysia, held in Kuala Lumpur.

Currently, two US companies and another from Germany have already invested in
the sector in Kulim, Kedah; Malacca and Selangor, he said, adding that other
global players have also indicated keen interest to invest here.

With the current economic slowdown which has affected the electrical and
electronics industry, Malaysia is looking at other high technology, capital
intensive and knowledge-based industries to boost the manufacturing sector.

For the first quarter of the year, 194 projects were approved with investments
of RM7.46 billion (US$2.06 billion) in the manufacturing sector.

Meanwhile, companies in the services sector are encouraged to seize business
opportunities particularly in the 27 sub-sectors that were recently liberalised,
where foreign investors can hold up to 100% equity in their projects.

One of DK Malaysia's main goals is to promote investment, business
opportunities, trade, travel and tourism in Malaysia and to assist
MIDA, MITI, MATRADE, Tourism Malaysia and Malaysia Airlines achieve
their goals and objectives. I look forward to hearing from all of you
and have a great 2009.

All the best,

Fred Plimley
President - DK Malaysia Development, LLC
Host/Moderator - Linkedin Malaysia
f.plimley@...
http://www.linkedin.com/in/fredplimley
(951) 243-3602
(+44) 020 7193 7317
Skype ID: fredplimley