Swedish Trade Council Opened in Malaysia

Swedish Ambassador to Malaysia Helena Sångeland accompanied by Malaysia’s Deputy International Trade and Industry Minister Datuk Ahmad Husni Hanadzlah attended the officially opening of the Swedish Trade Council office (STC) in Kuala Lumpur, the first STC’s office in South East Asia, on 29 September.
         The STC aims to serve the whole South East Asian region with emphasis on business in Malaysia.
Ulf Berg president of the Swedish Trade Council, STC, expects the STC to contribute to greater trade and business between Sweden and Malaysia in the next couple of years.
         Swedish Trade Council (STC) President Ulf Berg said that Kuala Lumpur was chosen for STC’s office because it is a competitive city and many international companies make it their regional hubs. Malaysia is the most important market in South-East Asia for Swedish businesses, followed closely by Thailand, he said. 
         “We see business opportunities in all sectors in Malaysia, particularly information and communications technology, medical technology and biotechnology,” noted Berg.
         There are about 90 companies with Swedish interest in Malaysia including heavy engineering group ABB and telecommunications giant Ericsson.
         Stockholm-based STC is equally owned by the Swedish Government and the Confederation of Swedish Companies.
         Including Malaysia, the STC to date has 51 offices in 41 countries.

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