Monday September 20, 2010
Jho Low to bring Hollywood in
By ANN TAN
GEORGE TOWN: Malaysians can expect a major Hollywood movie to be filmed in the country within the next 12 months, said businessman Jho Low.
He said celebrities like Jamie Foxx and Bruce Willis are also looking to come here to promote the country as a choice tourist destination.
Low also said he would be bringing a Hollywood celebrity friend to Malaysia next month.
“Not Paris Hilton. It’s a male. You will know when he is here,” he said in an interview.
Low has caught the media’s attention for his flamboyant lifestyle and rich and famous friends, including Hilton.
On investments, Low said he was currently in the process of setting up another fund.
“I have three funds – one for entertainment, movies and fashion, another for real estate and hospitality and the third for general investment.
“I will be introducing foreigners to invest in Malaysia’s property and heavy industries,” he said.
As a Penangite, Low pledged to help promote the state and country as an investment destination.
“This is the right timing for my investors from Kuwait, Abu Dhabi, Saudi Arabia and others to look at Penang and Malaysia.
“Malaysia needs to have a strategic long term FDI (foreign direct investment) plan. I believe the younger generation will agree with my view that Malaysia needs to move forward with a merit-based policy,” Low added.
Having completed his studies abroad, the 28-year-old worked overseas first.
“Malaysia has many opportunities and needs a new generation of people that are hardworking and well-educated.
“The 1Malaysia concept is the right way to go. With the merit–based policy, one will be recognised and achieve success, regardless of your race or age, so long as you are capable and hardworking,” he said.