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Madani govt's clear policies will attract investors, says Anwar

CAIRO: The Madani government's clear economic policies, supported by encouraging indicators, can attract new investors to drive the country's economy on the global stage, says Prime Minister Datuk Seri Anwar Ibrahim.

Anwar said Malaysia was also recognised as a main hub in the semiconductor and green technology sectors in Southeast Asia, thereby positioning the country to play a significant role internationally.

There were several opportunities discussed in a roundtable session last night, he said, which was attended by around 60 industry and business leaders from Egypt, together with the Malaysian business delegation.

They included discussions on palm oil, the automotive industry, pharmaceuticals, medical products, semiconductors, digital technology and renewable energy.

"Among other things, we discussed the potential for investment in several new areas that can be explored through business and trade partnerships with companies in our country, which will further boost the national economy," he said after attending the session.

Present were Egypt's Investment and International Trade Minister Hassan El Khatib; Foreign Minister Datuk Seri Mohamad Hasan; and Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

While speaking at the session, Anwar said one of Malaysia's focuses when taking over the Asean chairmanship next year would be to further enhance economic and trade activities among member states.

He said Malaysia, as one of the key players and major producers in the green energy sector, would leverage its strength to boost intra-Asean economic and trade activities.

"As Asean chair, another focus will be efforts to accelerate the expansion of digitalisation among its member countries," he added.

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