Govt will strive to attract more investments — PM Anwar - MIDA | Malaysian Investment Development Authority
contrastBtngrayscaleBtn oku-icon


plusBtn crossBtn minusBtn


This site
is mobile


Govt will strive to attract more investments — PM Anwar

Govt will strive to attract more investments — PM Anwar

21 Nov 2023

Prime Minister Datuk Seri Anwar Ibrahim has assured he will continue to be responsible for Malaysia and its economic growth by always looking for opportunities to establish relationships with countries with the potential to attract investments.

The government did not miss the opportunity to hold bilateral meetings either officially or separately with several countries while attending the 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting in the United States (US) recently.

“We also use that space to hold bilateral meetings with many countries while waiting for our turn to continue the debate.

“We met with several large corporations, including Google, Enovix, Microsoft, TikTok and TPG, as mentioned by Investment, Trade, and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, and obtained investment commitments totalling RM63.02 billion,” he said during the Ministers’ Question Time at the Dewan Rakyat today.

Anwar was responding to a query from Sri Gading MP Aminolhuda Hassan, who wanted to know what results benefited the country during his visit to the APEC conference which ran from November 14 to November 17.

He said he is aware that some had expressed concern over Malaysia’s firm stance in facing the United States and several European countries regarding the Palestine issue, which may have affected its economic position.

“Of course, it is our responsibility to continue to monitor, but for now, I would like to explain and assure you that after meeting some of the main US investors, it is apparent that their priority is based on a stable political situation, clear economic policy, and the method of speeding up the approval process that is now under the Malaysian Investment Development Authority (Mida),” Anwar said.

Source: Bernama