Tengku Zafrul: Govt confident about realising RM170b worth of investment commitment from China

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KUALA LUMPUR: The Malaysian government is confident in realising the RM170 billion investment pledge from China, which Prime Minister Datuk Seri Anwar...

: The Malaysian government is confident in realising the RM170 billion investment pledge from China, which Prime Minister Datuk Seri Anwar Ibrahim announced during his visit to the country in April this year.said an investment commitment means agreeing to invest in Malaysia.

“At this stage, the investor will make known more details of their investment. This is also the time when they will apply for investment incentives,“ he said in a post on X on Monday. “After approval, for small investments, it may take a year to see results. If it is a large investment that requires advanced technology and equipment, it may take up to three years to start realising it,“ he said.

“One of the JTPPP’s functions is to examine the latest status of investment and trade projects that have been announced to monitor and resolve issues and challenges faced by investors and exporters.

 

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