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Foreign companies remain committed, value long-term partnerships with Malaysia

KUALA LUMPUR, Jan 24 (Bernama): Foreign companies that have invested in the country said they remain committed to the country as they value and appreciate the long-term partnership with the Malaysian government and look forward to many more years of success. On the re-implementation of the Movement Control Order (MCO 2.0) and the emergency proclamation to contain the increasing number of COVID-19 cases, many of the companies said the development had not affected their confidence in investing in the country. Malaysian-German Chamber of Commerce and Industry chief executive officer Daniel Bernbeck said German investors in Malaysia mostly show a tendency to continue with their pre-existing investment plans as most of these investments are in high technology and have a long planning phase that started two to three years back.

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