Malaysia seeks technology gains and skilled jobs from European investment
Johari Abdul Ghani says Malaysia wants greater long-term value from investment, while economists call for measures to strengthen domestic capabilities.
Malaysia wants investment from Europe to bring technological know-how, build a more skilled workforce and generate higher-paying employment, Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani said.
Speaking at European Union-Malaysia Business Day 2026: Selangor in Focus, Johari said investment quality and lasting economic benefits were becoming more important. Malaysia's aim was to generate and retain greater value within global production networks, rather than merely participate in them.
EU-Asean Business Council executive director Chris Humphrey called for a swift conclusion to a comprehensive Malaysia-European Union free trade agreement. He said such a deal could give businesses more confidence by expanding access to sectors, lowering trade barriers and making long-term investment more predictable.
Universiti Teknologi Mara senior lecturer Dr Mohamad Idham Md Razak said an agreement would not, by itself, ensure that technology reached Malaysian businesses. He proposed linking investment incentives to measurable results, such as skilled local hiring, supplier development, training and partnerships with Malaysian universities and research institutions.
Idham also called for stronger vocational education, clearer investment rules and improved financing access for small and medium enterprises seeking to meet European standards.
