KUALA LUMPUR: Kuala Lumpur City Hall has signed a 'start-up city connect' collaboration with the Hangzhou Municipal People's Government.

Prime Minister Datuk Seri Anwar Ibrahim said the city-to-city connection was aimed at making Malaysia a true gateway for the economy, "so that capital, talent and market access will no longer be barriers to success".

"We are positioning Malaysia as an exit for leaders in semiconductors, clean energy, agro-tech, and Islamic fintech (financial technology).

"Doubling down on our efforts to add higher value is necessary to create new growth verticals and transform our futures," he said in his speech at the launch of the KL20 Summit 2024.

The Letter of Intent (LOI) was signed by Kuala Lumpur mayor Datuk Seri Kamarulzaman Mat Salleh and Hangzhou deputy mayor Chen Jin during the launch today.

https://www.nst.com.my/news/nation/2024/04/1040984/kl20-dbkl-inks-loi-hangzhou-local-govt-boost-economic-collaboration