Political stability boosting foreign investments, says Anwar


SHAH ALAM: The political stability achieved under the unity government in the past year has attracted investments from global industrial giants to Malaysia, says Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who is also the Finance Minister, said companies like Google, TikTok, Infineon Technologies AG, China’s automotive company Geely, and Tesla have confidence in Malaysia’s capability due to our clear policies.

“I asked them what is special about Malaysia. This political stability helps give confidence to them, there are clear policies, which is called clarity of policies.

“It means they know, they come here, this is the economic policy, this is the industrial policy, this is the Madani economy. I am grateful that Malaysia has gained attention again after lagging behind for some time,” he said at the launch of the Prime Minister’s Gold Hand Award (MATEPM) and Skilled Person Award ceremony at the Shah Alam Convention Centre, reported Bernama.

Also present were Human Resources Minister V. Sivakumar, Deputy Works Minister Datuk Seri Abdul Rahman Mohamad, Chief Secretary to the Government Tan Sri Mohd Zuki Ali and Public Service Department director-general Datuk Dr Zulkapli Mohamed.

Anwar said the government will be more aggressive and assertive to bring changes not only to save the country but also to raise the dignity of the country in this region by attracting more investors, managing the economy well, training the children and having good governance.

“This country can no longer be known as a country that tolerates corruption and embezzlement, every fund must be used properly at all levels, from the Prime Minister down,” he said.

The Prime Minister said the current political stability would also make it difficult for certain parties “harbouring” hopes of taking over the government now.

At the same time, he also ticked off those who argued about the difference of religion and race but never bothered about the future of the children, including Technical and Vocational Education and Training (TVET) graduates.

As such, he wants Industrial Training Institutes (ILPs) and related agencies to provide adequate skills training following comments from investors on the need to increase the number of skilled workers in the country.

“Geely considers the performance value of workers in Malaysia as very good and satisfactory, the level of professionalism as good. There’s only one problem, which is that the high skill level is, at times, lacking,” he said.

Touching on his vocal support on the issue of Palestine, Anwar admitted that he speaks out on the issue on the international stage representing all Malaysians, although it is difficult.

He also slammed the actions of a few parties in the country, which he labelled as discordant voices that continue to attack him regarding the issue.

“I am not asking for gratitude. Even if (they) don’t want to thank me, just don’t criticise anymore,” he said.

Although he was vocal in voicing the Palestinian issues when he attended the 30th Economic Leaders’ Meeting of the Asia-Pacific Economic Cooperation (Apec) in the United States recently, Anwar said it did not affect the decisions of major corporations, including from the US, to continue investing in Malaysia.

According to him, the Global Infrastructure Partners company has also decided to jointly take up equity to expand the ports in the country, including the Tanjung Pelepas Port in Johor.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

M. Nasir to receive honorary doctorate at UPSI convocation
NSE expansion in Johor won't affect holiday traffic in first half of 2025, says Ahmad Maslan
Nurul Izzah invited on overseas trip in her capacity as think tank chairman, says Fahmi
ICC's arrest warrants for Netanyahu, Gallant appropriate, says Anwar
King celebrates 66th birthday with family in Johor
Govt saved RM900,000 by using chartered jet for PM's overseas trips, says Fahmi
S'gor govt yet to receive update on probe into Faisal Halim's case
All eyes on who will be Sabah's next Yang di-Pertua with Juhar's term ending Dec 31
Five nabbed in Tawau drug den raid
Public caning is glorifying cruelty in the name of morality, says Sisters in Islam

Others Also Read