THE Penang government hopes the bilateral ties between Malaysia and China will yield a great economic prosperity to be shared by both the nations.
“The close friendship and diplomatic ties between China and Malaysia, formed since 1974, are built upon time-tested goodwill with mutual beneficial cooperation as the cornerstone.
“We appreciate the level of confidence placed upon Malaysian economy by our Chinese friends, companies and investors.
“Statistics provided by the Malaysian Investment Development Authority (MIDA) showed that companies from China continue to demonstrate confidence in us,” said Chief Minister Chow Kon Yeow at the Chinese New Year reception of the Consul General of China at the Equatorial Hotel this evening.
According to Chow, quite a number of realised Chinese investments in the manufacturing sector played a pivotal role in boosting Malaysian exports as well as in creating good and high-level jobs.
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Students from Penang Chinese Girls’ High clad in colourful traditional attire putting up a mesmerising performance
“Moreover, China is already Malaysia’s largest trading partner since 2009 and this position will most likely remain unchallenged in the foreseeable future.
“It is my sincere hope that the Chinese multinational companies will further invest particularly in Penang by bringing along technology know-how and green investments.
“This is in addition to playing a leading role in further moving up our skilled workforce in the value chain of your investments,” added Chow, who expressed his hope for a continued good ties and friendship between Penang, Malaysia and the People’s Republic of China.
Also present were the Consul General of the People’s Republic of China Lu Shiwei, Penang state legislative assembly Speaker Datuk Law Choo Kiang, representatives from the Kedah and Perak state governments and honourable consul-generals and honorary consuls in Penang.
- Story by Tanushalini Moroter
Pix by Chan Kok Kuan