A report said that Malaysia has been a major beneficiary of Chinese capital with investment totalling US$43.8 billion over the past 10 years. — Picture by Choo Choy May
Commenting on the impact of BRI in Malaysia, Allan Sim, executive director of capital markets at Knight Frank Malaysia said Prime Minister Tun Dr Mahathir’s recent visit to China has spurred Chinese investors’ confident to return to Malaysia. Furthermore, Sim said with the revival of the East Coast Rail Link and Bandar Malaysia, Chinese firms will certainly be looking more seriously at Malaysia again, with the industrial segment benefitting the most.
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