KUALA LUMPUR : A Cabinet paper on the country's new investment policy will be tabled on Wednesday , says Senior Minister Datuk Seri Mohd Azmin AliThe Minister of International Trade and Industry said the new policy was to attract more high-quality investors in an effort to make Malaysia a high-income nation, and it was expected to be implemented immediately.
He was speaking to reporters after attending the tarawih prayers with Prime Minister Tan Sri Muhyiddin Yassin at the Jamek Al-Amaniah Mosque in Batu Caves near Gombak, here on Monday .On the latest investment in the country by global technology giant Microsoft, he said this was proof that foreign investors were still confident of investing in Malaysia.
Earlier on Monday, Muhyiddin announced that Microsoft had agreed to invest US$1bil over the next five years in Malaysia as part of a new partnership programme with government agencies and local companies to operate Malaysia's first regional data centre. Meanwhile, asked about the expected move by Opposition MPs to send a second letter to Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah on Wednesday, seeking his consent to accept the petition of appeal to end the Emergency, Mohd Azmin said the Opposition should use the Independent Special Committee on Emergency 2021 for the purpose.
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New investment policy will be tabled to cabinet tomorrow - Azmin AliThe new policy is to attract more high-quality investors to make Malaysia a high-income nation, he adds. BukaParlimen Where my rights .. . After 1 year plus.
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