The protection of intellectual property rights (IPR) has been identified as being one of the main concerns for US investors to come into Malaysia, said the United States ambassador to Malaysia, Christopher J LaFleur.
He said a survey conducted last year of senior executives of global 1,000 firms found that 28% considered IPR protection an important factor in considering where to make new investments.
“That’s 28% of potential investors who probably will think twice before putting money in Malaysia or seeking new business partnerships here,” LaFleur said in his speech at the Federation of Malaysian Manufacturers (FMM) seminar in Kuala Lumpur on July 7 on “enhancing US-Malaysia business”.
Click here to read the full article.
Click here for Bernama’s report.
Posted by: David Oh on 7/7/2005 2:43:21 PM