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60 | Malaysia: A Strategic and Attractive Investment Destination

Updated: Oct 9, 2023


Malaysia is positioning itself as a strategic and attractive investment destination, and is taking steps to improve the ease of doing business in the country. This is the key message that Minister of International Trade and Industry, Tengku Datuk Seri Zafrul Aziz, will be sharing with potential investors at the World Economic Forum (WEF) in Davos, Switzerland.


Ease of Doing Business

In recent engagement sessions with chambers and investor groups, it was identified that starting and locating a business in Malaysia could be made easier. The government is committed to addressing this issue and is taking steps to improve processes and make it easier to do business in the country. Tengku Zafrul emphasized that the government wants to communicate to potential investors that not only is Malaysia open for business, but it is also actively working to improve the business environment.


Malaysia as a Strategic Country

Malaysia is positioning itself as a strategic country and a quality investment destination, with credibility as a gateway to Southeast Asia. The country's participation in WEF, along with a strong corporate Malaysia participation, aims to strengthen Malaysia's position as an attractive and credible investment destination.


WEF as a Platform

WEF is seen as an ideal platform for Malaysia to raise its voice on the international stage and share the country's direction and policies in terms of investment, trade, and industrial empowerment. The forum, which is organized at the beginning of the year, provides an opportunity for the country to discuss its economic agenda and exchange views on the challenges that will be faced in 2023 and preparations to face them.


Meeting with Corporate Leaders

WEF also provides a great opportunity for Malaysia to meet with corporate leaders, especially multinational companies, to discuss potential investments or increase existing investments. In preparation for WEF, Miti and main agencies such as the Malaysian Investment Development Authority (Mida) and Invest KL have arranged strategic meetings with counterparts from South Korea, Japan, the United States, the European Union, and giant international industry players in the digitization, technology, private equity, manufacturing, and medical sectors.


Government and Private Sector Cooperation

In addition to Miti's participation, WEF will also see the corporate sector from Malaysia, with representatives from the Employees' Provident Fund, Permodalan Nasional Bhd, and Khazanah Nasional Bhd in attendance. This serves to deliver a clear message that the Malaysian government and the private sector are ready to cooperate strategically to attract high-impact investments and bring the country's economy to a better level.


In conclusion, Malaysia is positioning itself as a strategic and attractive investment destination, and is actively working to improve the ease of doing business. The country's participation in WEF, along with strong corporate Malaysia participation, aims to strengthen Malaysia's position as an attractive and credible investment destination. The government and private sector are working together to attract high-impact investments and bring the country's economy to a better level.


TL;DR

Þ Malaysia is positioning itself as a strategic and attractive investment destination, and is actively working to improve the ease of doing business.

Þ The government is committed to addressing the issue of making it easier to start and locate a business in Malaysia.

Þ Malaysia's participation in WEF aims to strengthen the country's position as an attractive and credible investment destination.

Þ WEF is seen as an ideal platform for Malaysia to raise its voice on the international stage and share the country's direction and policies in terms of investment, trade, and industrial empowerment.

Þ The government and private sector are working together to attract high-impact investments and bring the country's economy to a better level.

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