In his welcoming address on behalf of the five associations, JCCI chairman Tadashi Okamura said Japan was Malaysia's second-largest trading partner while in the area of investment, the country's investment in Malaysia in 2011 had increased 2.5 times over the previous year.
He pointed out that with this sharp increase, Japan became the largest investor in Malaysia.
According to Okamura
, the Japan-Malaysia Economic Partnership Agreement
(EPA) that came into effect in 2006 had added momentum to the growth of bilateral trade and investments of both countries.
"We earnestly hope that this upward trend in the economic relations of our countries will continue in the future," he
said the five organisations believed that the Malaysia-Japan International Institute of Technology
(MJIIT) established in Kuala Lumpur in June 2012 would make important contributions to human resources development in Malaysia in the years ahead.
As the "Look East" Policy launched in Malaysia marked its 30th anniversary this year, he said the associations hoped that the close ties Japan and Malaysia enjoyed in a wide range of areas would serve as an engine for growth and advancement, not only among Asean countries but also the entire Asian region.
"I earnestly pray that Your Majesties' visit to Japan will bear many excellent results and provide the momentum for elevating relations between our two countries to higher levels of achievement and development," he