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Saturday, July 8, 2023

PM, Elon Musk to discuss possible increase in investment

 


Prime Minister Anwar Ibrahim said Tesla chief executive officer Elon Musk will discuss with him next week a possible commitment to increase investment in Malaysia.

“Musk asked to consult with me, to discuss his possible commitment to increase investment in Malaysia, all this with the beginning of good governance and economic management,” he said.

Good governance and economic management can attract the interest and confidence of domestic and foreign investors to invest in the country thus ensuring rapid economic growth, Anwar said.

He added that this was proven when under his administration which prioritises such matters, foreign investments from China, Japan and Saudi Arabia were successfully recorded recently.

“Last week, I met Japanese investors who want to increase and expand their investments, a few months ago I went to China, resulting in the highest Chinese investment in Malaysian history,” he said during his speech at the Prime Minister’s Mandate event at Seremban City Council Hall today.

Anwar said the Saudi Aramco Company from Saudi Arabia previously also agreed to expand its investment in Johor.

“This is important, if there is no investment, unemployment will increase, the economy will not grow, restaurants, hotels and others will also be affected,” he said.

Also present were Negeri Sembilan caretaker menteri besar Aminuddin Harun, Transport Minister Anthony Loke, Chief Secretary to the Government Mohd Zuki Ali and Public Service Department director-general Zulkapli Mohamed.

Bernama

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