Political stability vital in attracting foreign investment, says Dr Wee

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PETALING JAYA: Political stability remains a vital part of nation-building as no foreign investor will be interested to invest in Malaysia if the political situation is unstable, says Datuk Seri Dr Wee Ka Siong.

The Transport Minister said the government is putting its efforts in ensuring a"vibrant and dynamic economy" but noted that this cannot be achieved if there was instability.

"It is hoped that the increased investment returns will attract more forward-looking corporations with high technology to invest in upgrading the country’s basic infrastructure and improving the business environment. As such, he said this will strengthen Malaysia’s trade channel advantage and spur the country’s economic growth to create more job opportunities for the people.

Additionally, for the maritime industry, Dr Wee said the country has several well managed and highly efficient ports as well as projects that are developing beside the ports including the Port Klang Free Zone, and the Malaysia-China Kuantan Industrial Park. With land transport, Dr Wee said the government was currently developing an extensive rail network that includes the ECRL, RTS, and MRT projects.

 

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111/222 is 50% bro.....stable?

Political instability is due to the lack of will of voters to get honest working political party, they are driven with race and fear to vote in an incapable political party that has proven to be corrupt over and over again. We have no one to blame by ourselves, the voters

Not only stability. No corruptions as well! The country do not have both so far!

Tell the spineless fella In the mirror.

Political stability=Stay Put Unchallenged Despite All Weaknesses?

Honest question, weekasiongmp do you think a KerajaaanPintuBelakang MuhyiddinYassin can attract foreign investment when the government did not respect the people's mandate? Whereas, MCAHQ a loser in GE-14 part of this backdoor gomen? tilianker

Presence of MCAHQ in govt on a charity & backdoor basis does not cntribute 2 political stability.

so need to sentence fast those found guilty of corruption and abuse of power.

Resign then. Not only are you an illegitimate minister ... You are subservient to those in Johor to keep your office weekasiongmp

Dear Dr, Please recalibrate your brains. Political honestly, transparency and integrity is vital for foreign investment. Stability? You see a lot of investment to North Korea or Zimbabwe during Dr. Mugabe's time? Thailand - got Honda, Toyota, WD, ....

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