New potential investments worth RM45.4b from Germany, says Tengku Zafrul

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New potential investments worth RM45.4b from Germany, says Tengku Zafrul
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BERLIN: New investment interests arising from the roundtable and one-on-one meetings with Prime Minister Datuk Seri Anwar Ibrahim here today are worth...

: New investment interests arising from the roundtable and one-on-one meetings with Prime Minister Datuk Seri Anwar Ibrahim here today are worth a potential RM45.4 billion.

A total of 38 captains of industry and businesses from German cities like Stuttgart, Munich, Berlin, and Frankfurt, as well as from Belgium and France, joined the meetings. The companies from the world’s biggest economies that came to see the premier are involved in sectors like energy, medical devices, semiconductors, electronics, machinery, automotive, and aerospace.

Infineon, which has been operating in Malaysia since 1973, announced last year that over the next five years, the company will additionally invest up to five billion euros in Kulim during a second construction phase for its Module Three plan. The investment will lead to an annual SiC revenue potential of about seven billion euros by the end of the decade, together with the planned 200-millimetre SiC conversion in Villach and Kulim.

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