Tengku Zafrul meets AstraZeneca chief to discuss potential expansion in Malaysia
International Trade and Industry Minister Tengku Zafrul Abdul Aziz shakes hands with AstraZeneca chairman Leif Johansson. The duo met on the sidelines of the World Economic Forum in Davos, Switzerland. – Facebook pic, January 20, 2023.
The minister, who is currently attending the annual World Economic Forum in Davos, Switzerland, said AstraZeneca has established its global business services hub in Malaysia to support operations in the Asia-Pacific region with a projected investment of more than RM500 million over a five-year period.
Tengku Zafrul said AstraZeneca, which gained popularity as a vaccine manufacturer following the outbreak of Covid-19, opened its new headquarters in Malaysia in March 2019 as part of its ongoing commitment to boost high-value skills and employment and bring new science and innovation to help patients.
Earlier, Tengku Zafrul said Miti’s mission at the WEF annual meeting was not only to attract investment to Malaysia but also to explore business opportunities for local companies internationally.
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