Anwar Says Global Leaders Eye Investments In Stable Malaysian Economy

Prime Minister Datuk Seri Anwar Ibrahim highlighted the priority and strategic initiatives proposed by the Madani Government for development, garnering interest from numerous international business leaders expressing their intent to bring their investments to Malaysia.

Anwar utilised a special session at the World Economic Forum (WEF) in Riyadh, Saudi Arabia, concluding today, to hold a roundtable meeting with over 50 industry and business leaders from various sectors worldwide.

He stated that he utilised the platform to present the priorities, strategic initiatives, as well as the country’s economic and fiscal growth rates, in addition to highlighting trade and investment opportunities. “This session is crucial for me and my colleagues to persuade industry leaders to invest in Malaysia, thereby boosting the country’s economic growth and creating high-skilled job opportunities for Malaysians.

“Many industry and business leaders in attendance have shown confidence in the prospects of economic growth and political stability in the country by expressing interest in investing in Malaysia across various sectors.

I assure them that their investment processes will be facilitated and expedited, especially after the Government successfully addressed the longstanding bureaucratic issues,” he said in a social media post.

Anwar’s presence at the WEF was accompanied by Foreign Minister Datuk Seri Mohamad Hasan and Minister of Investment, Trade, and Industry, Tengku Datuk Seri Zafrul Abdul Aziz.

The Prime Minister mentioned that among the international companies participating in the roundtable session were Samsung, Chevron, BrainBox AI, Cisco Systems, OmniBot.ai, TotalEnergies, Lulu Group International, Deutsche Bank, and the Saudi Industrial Development Fund.

Therefore, he believed that many high-value investors would choose Malaysia as an investment destination, following in the footsteps of giants like Tesla, AWS, Infineon, and NVIDIA.

Anwar also highlighted TotalEnergies’ commitment to increasing investments in Malaysia’s upstream oil and gas sector and exploring opportunities in carbon storage.

He, who had a meeting with the Chairman and CEO of TotalEnergies, Patrick Pouyanne, mentioned that the company has been established in Malaysia since 1984.

He said it has investments in various sectors in Malaysia, including renewable energy, electricity, oil, and carbon storage. “Hopefully, these investments can be done as soon as possible and bring prosperity to the people of Malaysia, especially in creating more job opportunities and knowledge sharing,” he said.

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