Annual Report 2023
An exciting chapter ahead for Malaysia and Germany
As the official voice of German trade and industry in Malaysia, being given a front-seat view of witnessing how the relationship between the two countries grows has been nothing short of exciting.
2023 was a year that kept the Chamber bustling with activity as companies looked beyond China to diversify their operations and into Malaysia for its friendly business climate and lower operating costs at a time when energy prices were at a record high in Europe.
2024 is shaping up to be a wonderful year of promising opportunities. It began with the visit of Germany’s Foreign Affairs Minister Annalena Baerbock in January which set the tone for the year, a most welcomed continuation of last year’s visit by President Frank-Walter Steinmeier.