He said if Malaysia did not have such policies, good infrastructure and an efficient administration, many potential investors would turn to other South-east Asian countries like Indonesia to invest.
"The production cost in Indonesia is also lower than ours, so we need to find ways to overcome this,” he told a media conference at a forum on post-pandemic poverty in Malaysia, organised by the Malay Economic Action Council here on Sunday . "So investment is one way to enrich the country. Without investments, the country will become poor and if investors are not treated well and lured by attractive policies, I believe people like Elon Musk would choose to go to Indonesia,” he added.
Malaysia needs new leaders; less than 55 of age
The way to invest currently is Outside Malaysia & whatever you do just take money out of the country while you still can , even EPF and shit no point Hoping on a sinking ship on fire 🔥
'I just went to Indo and found that now many investors are keen to invest in Indo coz its 270 mil population offers a bigger market than Msia, which has a population of just over 30 mil'...what? Now only u know Aiyoyo!
very much agree. government should compensate the trading losses to the investors.