MALAYSIA-Familiar Pattern

Already the Japanese Ministry of International Trade and Industry (MITI) has stressed the need for an improvement in the investment environment in the third world to attract more Japanese firms. At present Japanese foreign direct investment is directed more towards Europe, North America and South-East Asia. The Japanese now plan to invest in the third world beyond the confines of South-East Asia. Japanese investment is known to be even less conducive to economic development of host countries than US or West European investment.