This latest investment by Mercedes-Benz AG will assume a critical role to further strengthen the industry connection with Malaysia, create high value jobs for Malaysians and enhance the country’s positioning as a global supply chain and distribution hub, says Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA).
He welcomed Mercedes Benz AG ’s decision to make Malaysia as their Regional Parts Logistics Centre for APAC, saying, “The Government acknowledges the positive spill-overs of quality investments to the development of Malaysia’s business ecosystem. As such, MIDA has been consistent in our efforts to scout and attract quality investments from around the world.
“Mercedes-Benz AG’s decision in choosing Malaysia as their regional parts logistics centre for APAC not only signals the company’s continual pursuit for growth but also is an embodiment of the company’s confidence in Malaysia’s conducive ecosystem and strength to support their long- term growth,” says Minister Of International Trade and Industry, Azmin Ali.
“In line with the Twelfth Malaysia Plan (12MP), the Government will continue to enhance our ease of doing business, logistics and ports networks as well as promote strategic collaboration and industry linkages to increase Malaysia’s competitiveness in the region.”
Mercedes-Benz joins the increasing trend of establishing global and regional distribution hubs in Malaysia by companies from various industries-automotive, life sciences and medical devices, electrical and electronics (E&E) as well as machinery and equipment (M&E). These companies seek to tap on Malaysia’s strategic location, talent availability as well as our efficient and reliable logistics network and infrastructure such as ports, airports and financial institutions, allowing them to improve operational efficiency as well as optimise quality and speed for their products and services for their customers.