Analysts: China’s investment to drive Malaysia to greater heights

KUALA LUMPUR, April 1 — Malaysia is poised to receive a massive boost to its economy following China’s commitment to invest a record RM170 billion, an analyst said.

Meanwhile, Pacific Research Center of Malaysia principal adviser Oh Ei Sun echoed similar views on creating more jobs with the hope that the jobs that would be created would be local jobs especially in the high technology and green technology sectors and others. “Besides, when China was opening itself up for investments, they made sure there were infrastructures such as access to industrial parks, roads, water and electricity. So, we too need to ensure that we provide similar conveniences to them.

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China’s investment to drive Malaysia to greater heights: Analysts'...It is critical for Malaysia to make this transformation after being dependent on oil and gas as well as oil palm industry for decades,' Stephen Innes said theSun theSundaily economy trade investment growth China Malaysia
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