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INSIGHTS

3M Malaysia keen to expand investments

3M Malaysia keen to expand investments
3M Malaysia Sdn Bhd, a global player in adhesive and film technologies, is eager to further reinvest in Malaysia this year. Its managing director Michael Wu said Malaysia is a key growth market for the company with both domestic and export prospects. He said the company wants to invest further here because of Ma
3M Malaysia Sdn Bhd, a global player in adhesive and film technologies, is eager to further reinvest in Malaysia this year.

Its managing director Michael Wu said Malaysia is a key growth market for the company with both domestic and export prospects.

He said the company wants to invest further here because of Malaysia's combination of a stable and business-friendly market environment, positive government-led development incentives, and strong base of talented human capital resources.

“With that in mind, moving forward to 2014, we are confident that Malaysian businesses will seek to take advantage of emerging opportunities in the global market, which sees continued growth in demand in the key fields of oil and gas, electronics, automotive, metal fabrication, consumer and healthcare,” Wu said.

Wu said the company aims to invest in innovation and business transformation and “2014 will be a year in which we continue to build the strength of our company and create sustainable value
to our stakeholders”.

He commended the government's focus in developing research and development and adopting green technology alternatives in 2013. “We at 3M Malaysia are encouraged by the Malaysian government's commitment towards inculcating a culture of science and innovation among Malaysians as was done through the establishment of the new Malaysian Global Innovation and Creativity Centre,” Wu said.
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