Azmin: Govt to introduce new national investment policy

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Mohamed Azmin said it was decided that a proposal to introduce new incentives to attract foreign investors into Malaysia will be further discussed with the MoF.

In another development, Mohamed Azmin said the National Security Council has approved the implementation of the Safe@Work initiative which will be officially launched by Prime Minister Tan Sri Muhyiddin Yassin in the coming weeks.

He said the initiative will create an"industry bubble" between workers, who have been identified as close contacts of COVID-19 positive cases, and their work place so that the industry will remain operational and productive. "We will segregate the workers, who are close contacts, and create a ‘bubble’ between the hostel and the factory so that the workers will be transported within the agreed ‘bubble ’.

"The industry will continue to operate and not disturbed so that they can increase production and productivity. I am also happy that this initiative has the support of the industry," he added. - Bernama

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Change policy just to attract investors is not really works. You should create new policy for them to sustain in this country for a long long time especially for big gun investors. They already secured places in Indonesia as their operating hub. You are 25 minutes too late.

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