KUALA LUMPUR: Finance Minister Lim Guan Eng has beckoned investors to take part in the development of the RM40 billion Tun Razak Exchange (TRX), describing it as one of the best assets the country has.
Lim also hinted that the country's economy may grow at faster pace, saying now was the "best time" for investors to be part of the growth story.
He said the majority of the government's institutional reforms, which are expected to be completed in three years, will provide a strong foundation for Malaysia "to rise up and take its rightful place as one of the Asian Tigers".
"This is the best time to be in Malaysia. I encourage you (investors) to take the opportunity to be part of Malaysia's growth story before it is too late.
“As they say, the early bird gets the worm. By the time we complete our reforms in three years, you will find it difficult to buy into the best assets Malaysia has to offer," he said at the TRX lifestyle precinct launch and development financing signing ceremony here.
"If you had yet to invest in Malaysia by then, I would hate to tell you I told you so," he added.
The reforms include the adoption of open tenders, the establishment of Tax Reforms Committee, the proposed Government Procurement Act and Fiscal Responsibility Act as well as the ongoing migration towards accrual from cash-basis accounting.
Lim said the TRX is only one of the opportunities available for investors to invest in the country.