PORT DICKSON: Foreign and domestic investments in Malaysia have increased by 60% in the first quarter of 2023, according to Tengku Datuk Seri Zafrul Tengku Abdul Aziz, the Investment, Trade and Industry Minister. He attributes this growth to the country’s political stability. The increase in investments represents over 1,200 projects and is expected to create 25,000 new job opportunities.
Tengku Datuk Seri Zafrul stated, “The main reason for the remarkable 60% increase in foreign and local investment is simple – the political stability of our country is attributed to the unity government model of cooperation. I hope Negri Sembilan voters can make the right decision by supporting a state government that is in alliance with the central government, ensuring that they work together to benefit the people.” He made these remarks while campaigning for Barisan Nasional’s Bagan Pinang candidate, Mohd Najib Mohd Isa, on Thursday (Aug 3).
On Aug 12, Mohd Najib will be competing directly against Perikatan Nasional’s candidate Abdul Fatah Zakaria for the Bagan Pinang seat in the state polls.
Tengku Zafrul believes that when the federal and state governments work together, it becomes easier to implement policies and provide assistance to the people. He added, “This alignment allows for better allocation of resources, smoother policy implementation, and a more comprehensive approach to addressing the needs and concerns of the citizens.”
Malaysia’s trade and investment missions have successfully secured committed investments amounting to US$49 billion (RM230 billion) from four countries. These countries are Singapore (RM13 billion), South Korea (RM24 billion), China (RM170 billion), and Japan (RM23 billion).
Credit: The Star : News Feed
