Anwar, Japanese business leaders discuss investment opportunities - MIDA | Malaysian Investment Development Authority
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Anwar, Japanese business leaders discuss investment opportunities

Anwar, Japanese business leaders discuss investment opportunities

23 May 2024

Prime Minister Datuk Seri Anwar Ibrahim has reassured the bosses of some of Japan’s largest companies that Malaysia remains the best investment destination.

Anwar, who led a Malaysian delegation for a series of one-on-one engagements with business leaders, also said he emphasised Malaysia’s stability and conducive business environment.

Foreign Minister Datuk Seri Mohamad Hasan and Investment, Trade and Industry Minister Tengku Datuk Seri Tengku Zafrul Tengku Abdul Aziz were also part of the delegation.

Among the companies involved were IHI Corporation, Nisshin OilliO Group Ltd., Tokuyama Corporation, Sumitomo Corporation, ENEOS, Mitsubishi Corporation, and Tokyo Gas.

“The investment opportunities in Malaysia discussed included the oil and gas industry, renewable energy, hydrogen and ammonia, the halal industry, and semiconductors.

“I stressed that the commitments of these companies should be closely followed up to ensure that investments in this country can be realised within the stipulated time,” he said in a social media post.

Anwar said engagements with investors will continue to provide significant opportunities for Malaysia.

During his last visit in December, the Anwar-led Malaysian delegation secured potential investments worth RM6.56 billion.

Anwar’s three-day work visit to Japan comes less than a week after he led delegations to Qatar, Kyrgyz Republic, Kazakhstan and Uzbekistan which secured over RM1 billion in potential exports.

Earlier today, Anwar delivered a keynote address at the Nikkei Forum 29th Future of Asia and held a bilateral meeting with Japanese Prime Minister Fumio Kishida.

Tomorrow, Anwar will deliver a speech in honour of the late Professor Toshihiko Izutsu at Keio University and have engagements with the media.

He will then perform Friday prayers at the Tokyo Camii Mosque before departing for Malaysia.

Source: NST