Boris Johnson: British firms should capitalise on exciting opportunities in Malaysia

The Mayor of London has urged the UK's architecture and engineering businesses to look to Malaysia as a source of new opportunities.

Boris Johnson met with Malaysian Prime Minister Dato' Sri Mohammad Najib Abdul Razak who outlined the growing opportunities for British firms in his country.

The Southeast Asian country now has an economy worth $241bn (£153bn) and it is predicted that it will reach developed economy status within the next six years.

Following newly introduced legislations which liberate Malaysia's architecture and engineering sectors, Conservative politician Johnson has said that British businesses should take advantage of what is on offer.

"This fast developing nation is awash with new and exciting trade and investment opportunities crying out for London's great minds and expertise," said Johnson on his mission to create closer ties between the two nations.

"From great new feats of transport engineering to cutting edge design and architectural projects, I urge more British companies to get involved. It is exciting opportunities like these, in a place eager to benefit from our long experience as a world leading city, that are driving jobs and growth for Londoners."

British firms have already made their mark in Malaysia with goods and services exports from UK companies worth about £3bn per annum.

More than £40m worth of infrastructure contracts have already been won by British firms in Malaysia.