SAN FRANCISCO (Nov 15): Prime Minister Datuk Seri Anwar Ibrahim has met representatives of technology giants such as Google, Enovix Cooperation, Microsoft and TikTok here.

“I have held meetings with large companies that have acknowledged that they will extend their investments in Malaysia on a large scale," Anwar said.

“A stable political system and clear policies are among the important factors for them to invest in Malaysia.

"The approval process will also give them confidence. The speed of the presence of new investors will give Malaysia a new record," he told reporters from Malaysia after the meetings.

Google was represented by its president and chief investment officer Ruth Porat, followed by Enovix by its chief operating officer Ajay Marathe, Microsoft Asia by its president Ahmed Mazhari, and TikTok by chief executive officer Shou Zi Chew.

San Francisco Bay Area is home to many of the biggest Fortune 500 companies, which are the most innovative firms in artificial intelligence development, biotech, software, clean technology, and social media.

Anwar, who is also the finance minister, has also received a courtesy call from TPG’s founding partner, executive chairman and director Jim Coulter. TPG is a leading global alternative asset management firm.

Anwar arrived here on Monday for the 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM) from Tuesday to Friday, marking his maiden visit for the official meeting as the prime minister of Malaysia.

Also present during the meetings were Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, Communications and Digital Minister Fahmi Fadzil, Malaysia’s ambassador to the US Datuk Seri Mohamed Nazri Abdul Aziz, as well as other senior government officials.

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