PM Anwar: Malaysia secures record RM170b worth of investment commitment from China

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BEIJING, April 1 — Malaysia has secured a record RM170 billion worth of investment commitment from China. The amount, the biggest so far from China, is from a total of 19...

BEIJING, April 1 — Malaysia has secured a record RM170 billion worth of investment commitment from China.

“We have achieved the commitment of RM170 billion in investments from China. I must thank the investors for giving their cooperation and for giving us confidence. Earlier, in his keynote address at the forum, Anwar urged Chinese investors and business leaders to leverage the strong bilateral ties and seize the vast opportunities being offered by the current government to invest in Malaysia.

China remained Malaysia’s largest trading partner for 14 consecutive years, with total trade of US$110.6 billion in 2022. Anwar, who is also the Finance Minister, said Malaysia’s position as the preferred investment destination has been solidified further with the presence of renowned Chinese companies such as Risen Energy, Huawei, Longi Solar, Bytedance, Jinko Solar, EVE Energy, Alliance Steel, Alibaba Group, Geely Auto Group, Xiamen University and many others.

 

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