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Govt to announce major investment this week, says PM Anwar

savemalaysia
Publish date: Tue, 28 Mar 2023, 09:11 AM

PHNOM PENH (March 27): A new investment, representing the government’s “highest commitment”, will be announced either on Thursday or Friday (March 30 or 31), said Prime Minister Datuk Seri Anwar Ibrahim. 

He said the announcement will be made in conjunction with his three-day official visit to China beginning on Wednesday.

“Only this can ensure the people’s welfare, education and health,” he said at a gathering with Malaysians residing in Cambodia at the Malaysian Embassy in Phnom Penh here on Monday.

Anwar arrived here this morning for a one-day official visit to Cambodia.

The prime minister said his administration would ensure the continued growth of the country’s economy and that Malaysia is able to attract investments.

Therefore, he said, all related aspects, including infrastructure and incentives, would be enhanced in addition to focusing on the digitalisation aspect.

“When change happens, it can attract foreign investments. As an example, Amazon wants to invest in Malaysia although other countries offered attractive incentives to it, and when the company comes here (to Malaysia), it would attract other companies to come,” he said.

Furthermore, Anwar said, the government wants government-linked companies (GLCs) to be more transparent and focused rather than competing against the private sector.

“If there are projects, the private sector and GLCs need not compete,” he said in reply to a question from a guest on the view that Malaysia’s GLCs pose as giant rivals to other businesses.

 

https://www.theedgemarkets.com/node/660964

Discussions
Be the first to like this. Showing 7 of 7 comments

GS

any idea what kind of project to be announced? Infra? Chipset? EV? AI? Data Centre? Aerospace? Petrochemical?

2023-03-28 09:23

aa88

hssr

2023-03-21 07:53

5354_

M'sia not Japan who need HSR because already got Airasia. Train why cannot use double tracking which run from JB to Padang Besar?

2023-03-28 11:08

5354_

Penang Undersea Tunnel because Anwar is from Penang. HSR as announced earlier by Anthony Loke must be funded by private sector.

2023-03-28 11:13

GS

Would concept of PM be something like苏州工业园区(Suzhou Industrial Park) or 天津生态城( Tianjin Eco-city, SSTEC) ?

2023-03-28 11:44

supersaiyan3

GS, they had 1 before roughly 10 years ago. rotten tail. lol

Actually that was a fantastic idea, but i went there only got dried fish (actually the dried sotong very nice though). And now China has over capacity in shipping. Free port what also no use lah.

cooperation with china 90% death rate. Don't cooperate lah, just trade.

2023-03-28 12:27

jassyyy

Based on current trends in technology and industry, there are several areas that could potentially see major project announcements. One such area is infrastructure, with increased global focus on building and improving infrastructure. Large-scale infrastructure projects such as highways, bridges, tunnels, and airports could see significant investment and development. In order to make you mind fresh I also suggest you to play some online games. Because they help our mind to keep fresh and have ability to solve the problem. That is reason i like to play https://apkinu.com/minecraft-apk/. Minecraft is one of the most popular games which is famous due to its unique features.

2023-03-28 12:58

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