Taiwan to Explore Investment Opportunities in Perak

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InvestPerak, the Investment arm of the state government organised a business luncheon at Tower Regency Ipoh recently to welcome delegates of the SME Inter-Industry Association of Taiwan. Present at the event were Director of SME Corporation Perak, Mohd Faiz Mohd Yunus and Perak Malaysian Industrial Development Authority (MIDA) Director, Nor’Aini Mat Talha. InvestPerak, whose task is to provide information and advisory services to current and potential investors in Perak, normally works with federal agencies only. This, however, was an exception.

During the luncheon, a video show on business opportunities in Perak was shown. Dr Wu Chin Pao, head of the delegation, said that the people in Perak are very warm. He was pleasantly surprised that many could converse in Chinese. He said that Taiwan is very interested in collaborating with Perak and is looking for investment opportunities.

Aquaculture has the potential to attract Taiwanese investors, especially in the farming of grouper. According to CEO of InvestPerak, Dato’ Ir. Muhd Hafni Ibrahim, the Perak Menteri Besar is keen in looking into this area.

The International Small and Medium Enterprise Symposium, comprising of Taiwan, South Korea and Japan, will be held in Japan in October. Dr Wu felt that Malaysia should be invited to participate in the symposium. If Taiwan were to invest, Wu hoped the government would provide land and incentives to enhance the collaboration.

LYW

5 thoughts on “Taiwan to Explore Investment Opportunities in Perak

  1. Looking for business partner in Ipoh, Perak, Malaysia
    for setup a Apparel Industry, Food Industry or Food supply chain.

  2. The location of the park is not suitable. Infrastructure is virtually non-existent at the moment. To attract investors, everything must be ready so that they can move in immediately. Proper roads, drainage, streetlights, electricity, water and most important of all, communication, ie telephone and broadband Internet. No investors wants to wait 6 to 12 months for everything to get ready. Time is money!

  3. How many “parks” have they changed throughout these years? What have become of these “parks”? If you’re talking about investment, why not consult MITI/MIDA, the Ministry/Agencies involved directly with the subject matter? InvestPerak has not done a good job at all. They only bring investments that only can be pocketed for their own good.

    I’d say that whenever Perak wants to attract any type of investment, make sure it is worthwhile and long-term; not for the sake of money temporarily pouring in. In addition, Perak should make it easier for investors, NOT BURDEN THEM!

  4. The Perak High-Tech Park has been changed to Green Tech Park. Whether the redesignated park will succeed this time is still unclear.

  5. I still remember that Taiwanese companies “invested” here some donkey years ago in a place called “Jelapang Free Trade Zone”, which was left idle for grandmother years. This area now is known as “Free Trade Zoo” due to the lack of management, maintenance and definitely the Taiwanese investors who “opted out” from “unlucrative” Perak. If this is another scam by the State Government/PSDC, well, we can expect “everything possible, nothing valuable” in Perak’s economy in the years to come. By the way, what is actually happening to the once lauded Perak High-Tech Industrial Park, which was supposed to be located in Kanthan-Sungai Siput area? What happened to “those” 21 investors who came in 2007? Where are they now?

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