KUALA LUMPUR: Policy reforms related to development programmes must be intensified to enhance investor confidence and solidify Malaysia's status as a premier local and global investment destination.

Prime Minister Datuk Seri Anwar Ibrahim said this after launching the groundbreaking ceremony for the Kerian Integrated Green Industrial Park (KIGIP) in Perak today.

While reiterating the government's commitment in these matters, Anwar emphasized the importance of adapting to contemporary demands, noting that Malaysia is embracing cutting-edge technology in projects like KIGIP, the nation's first green and smart industrial park.

"With its strategic location, this project is designed to attract technology-driven and viable investments, such as logistics data centres and knowledge-based industries," he said in a Facebook post.

Anwar, who is also finance minister, expressed confidence that with collective effort from all stakeholders, KIGIP will complement the industrial demands of Penang and the Kulim High Tech Park.

Anwar hoped it would serve as a regional model for industrial estate development and green technology hubs.

https://www.nst.com.my/news/nation/2024/08/1098800/policy-reforms-essential-boost-malaysias-investment-appeal-says-anwar