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Pahang simplifies processes to attract more investors

Pahang simplifies processes to attract more investors

21 Feb 2024

The state government has streamlined bureaucratic processes to entice a greater influx of investors into the region, Pahang Media reported.

The move, announced by the Pahang state executive councillor for Investment, Industry, Science, Technology, Innovation, and Environment, Datuk Mohamad Nizar Najib, aims to make the state an attractive destination for investment by easing operational hurdles for businesses.

During a working visit to three factories in Bentong and Lipis, Mohamad Nizar emphasised the government’s commitment to fostering a conducive investment environment.

“Facilitating investors’ affairs will undoubtedly attract more to invest in Pahang,” he said, underscoring the importance of direct engagement with the business community to understand and address their challenges.

The visit allowed Mohamad Nizar to observe firsthand the paper manufacturing processes and discuss various issues faced by investors.

He highlighted the significance of such interactions, stating, “Visits like these are crucial as they allow us to directly hear the accomplishments and challenges of the factories.

“We strive to resolve any issues as efficiently as possible with the assistance of governmental agencies at both district and state levels, ensuring a smoother process for investors.”

The initiative to simplify bureaucratic procedures is part of Pahang’s broader strategy to maintain investor confidence and promote the state as a premier investment location, not just within Malaysia but also on the international stage.

Mohamad Nizar said that retaining investors is as critical as attracting new ones. Addressing their concerns promptly and effectively is key to ensuring their satisfaction and encouraging them to advocate for Pahang as an investment hub to the global business community.

Source: NST