KUALA LUMPUR, Nov 5 (Bernama) -- The Malaysian French Chamber of Commerce & Industry / CCI France Malaysia (CCIFM) hosted its Gala Night on 4th November 2024 at Hilton Kuala Lumpur, honouring the Franco-Malaysian business community’s contributions to the thriving bilateral trade between the two nations. France solidified its position as Malaysia’s third-largest trading partner within the European Union (EU), with bilateral trade reaching €5.28 billion or MYR26 billion in 2023. In this vibrant context, Malaysia is set to officially assume the Chair of ASEAN on 1 January 2025, and CCIFM wishes its success in this leadership role.
The French economic footprint in Malaysia continues to expand, with 600 French entities established, including around 300 subsidiaries and 300 entrepreneurs. Collectively, they contribute to the local economy by employing approximately 30,000 people.
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