high-tech, high-impact investments across many industries. According to a joint statement from the two companies, they will also establish a mutually beneficial environment in Malaysia’s key markets in order to increase the potential for foreign direct investment (FDI). The MOU was signed at the MIDA headquarters in Kuala Lumpur by Sivasuriyamoorthy Sundara Raja, deputy chief executive officer (DCEO), investment promotion and facilitation of MIDA, and Rupesh Jain, managing director of Maersk, Thailand, Malaysia, and Singapore.
According to Raja, “Logistics is a cornerstone of Malaysia’s economy. By connecting suppliers to manufacturers, and consumers to businesses, we support the growth of various industries. I applaud Maersk for their continuous efforts in taking the lead on initiatives to uplift the logistics industry. The MoU with Maersk will bring in more targeted global investments into Malaysia through strategic and value-added engagement approaches to multinational companies. By leveraging Maersk’s capabilities in integrated logistics, we can transform Malaysia into a regional logistics hub in ASEAN, further boosting infrastructure development and free trade”.
Jain expressed optimism over the MoU. He said, “As our customers are reconfiguring their supply chains to make them more agile, resilient and sustainable, Maersk is constantly growing our logistics footprints globally to support this transformation for our customers. With the ambition to provide truly integrated logistics to our customers, this collaboration with MIDA allows us to leverage our strengths and combine with Malaysia’s geographical advantage to mount solutions in the region”.
Goh Hean Chun, managing director of Maersk Malaysia, expressed hopes for the MoU. He said, “One of Maersk’s key focuses has been creating value for our customers in the geographies that we operate in. This MoU is a strong testament, and we expect that through our cooperation with MIDA, we can help position Malaysia as an attractive investment destination for potential investors. The country’s geostrategic position has made it a natural hub. By further enhancing Maersk’s logistics strength, we will contribute towards the growth and development of the Malaysian supply chain sector”.
Maersk Malaysia was established in 1975. Today, the company has over 300 employees and has 12 branches as well as seven warehouse facilities with a total storage capacity of 68,000 square meters across Malaysia. Furthermore, it is anticipated that the company will add more sites and expand capacity in the future.
