KUALA LUMPUR, Nov 21 — The Malaysian government’s stout support of a free Palestine and its condemnation of Israeli atrocities in Gaza will not deter US investors from doing business here, Prime Minister Datuk Seri Anwar Ibrahim said today.

He was responding to MPs who had expressed concern that the Madani government’s criticism of Western powers in response to the Israeli assault on Gaza could have economic repercussions for Malaysia.

He reiterated Malaysia’s call for an immediate ceasefire in Gaza during last weekend’s Asia Pacific Economic Cooperation (Apec) Summit in San Francisco, the United States.

He said he had made a firm speech in front of US President Joe Biden and called out Western governments for practising what he felt were double standards.

Outside the Apec Summit, Anwar said his government had secured a total of RM63.02 billion in proposed investments that are mainly from technology giants, which he cited as proof that American investment appetite in Malaysia remains strong.

“We used the opportunity to hold multilateral meetings with many countries... and also met with several companies including Google, Enovix, Microsoft, TikTok and TPG and have managed to get a committed investment of RM63 billion,” Anwar said during the Prime Minister's Question Time in the Dewan Rakyat this morning.

“This is important because there are some who have voiced concerns that our firm position when facing the US and several European countries would compromise our economy,” he added.

He said Malaysia’s political stability, a clear economic policy and ease in doing business supercede other factors in drawing US investments into the country.

https://www.malaymail.com/news/malaysia/2023/11/21/anwar-putrajayas-firm-support-of-palestinian-cause-wont-compromise-us-investments-in-malaysia/103210