He said these are significant investments in areas where the US wants to strengthen its presence, namely electronics and semiconductor sectors, as well as data centre segment which is a big growth area.
He added that most US companies that have invested in Malaysia have also gained the benefits from latest technologies coming into the country. He also highlighted that Malaysia has agreed to host the Indo-Pacific Economic Framework negotiation round which will be held in October this year to discuss ways of creating a clean economy with renewable energy .
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