BFM Podcast

New Government, New Incentives, New FDIs?

Tan KW
Publish date: Tue, 29 Nov 2022, 11:51 AM
New Government, New Incentives, New FDIs?

29-Nov-22 07:45

Daniel Bernbeck, CEO, Malaysian-German Chamber of Commerce and Industry (MGCC)

The Anwar Ibrahim administration has its work cut out as rising competition for a limited share of the FDI pie from Indonesia and Vietnam. So far, Malaysia has attracted RM54 billion in net inflows for the first nine months of this year. But what will the strategy for this new government look like as it banks on the existing strong infrastructure and a slew of incentives to attract multinational companies to the country. Daniel Bernbeck, CEO of the Malaysian-German Chamber of Commerce & Industry talks about what MNCs want versus what might be offered.


Image credit: Shutterstock

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