Volatile politics could impede Malaysia’s growth, says King


KUALA LUMPUR: Politicians must focus on developing the country and refrain from intense politicking, failing which Malaysia risks being left behind, warned Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah.

In a special interview, the King stressed the importance of having a strong and stable government to ensure strong economic growth, which will attract more international investors.

“Changing the government, the prime minister, or ministers may lead to significant policy changes.

“Foreign investors are closely observing this. They want to see a stable country. Malaysia is competing with other Asian countries in a highly competitive environment.

“If we don’t (get our act together), we will be left behind,” said Sultan Abdullah.

His Majesty said without political stability, it will be hard to create job opportunities for the people.

“We cannot afford to have an unstable country. We want to increase job opportunities but who will create these job opportunities?

“Besides a stable government, we need investments, and investors want to bring significant investments to create many job opportunities,” added Tuanku.

“Domestic investments also require a stable government. For instance, if we request Project A but it takes about six months to a year just to get approval, then it’s over; they (the investors) will go elsewhere,” the King said.

His Majesty explained that if there is a change of government, there will likely be a change of officers from the bottom to the top.

“If there is a government that keeps changing, (and) I know and see this already, when this minister enters a certain ministry, the minister will take another approach.

“If the minister does not like an officer, for instance, the officer will be replaced, and everything needs to be changed, not only at the top but also at the bottom level.

“This will slow down the administrative process,” noted the King.

“In many aspects, and I appeal, if you can understand what I am saying: changing the government doesn’t mean it will bring stability or guarantee anything for that matter,” said Sultan Abdullah, who urged politicians to “move on” following chatter of the so-called Dubai Move.

“We should not speculate on anything. I do not know whether there is any truth or not.

“To all the politicians, please reduce politicking... Focus on developing the economy, boosting harmony among the people and uniting all races.”

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