Govt’s investment-friendly approach builds confidence, says Malaysia Semiconductor Industry Association

  • 📰 malaymail
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

United States News News

United States United States Latest News,United States United States Headlines

KUALA LUMPUR, Aug 27 — Malaysia is expected to receive more investments going forward, supported by investors’ confidence in the Madani Economy framework and from offshoots...

KUALA LUMPUR, Aug 27 — Malaysia is expected to receive more investments going forward, supported by investors’ confidence in the Madani Economy framework and from offshoots from existing investments, said Malaysia Semiconductor Industry Association .

“US companies did expand its footprint in Malaysia. We have companies like Intel Corp. We also have new companies coming in. So, investors are confident about Malaysia but we want quality investments,” he told Bernama. McFeeters said US investments are coming strongly into Malaysia after discovering that Malaysia is a key part of the world’s supply chain during the Covid-19 pandemic.

He said the government would continue to streamline processes and monitor and track these investment processes closely and in real time through a project management and delivery unit within the ministry . “Therefore, forging economic alliances with various should signify Malaysia’s commitment to remain open to foreign direct investments ,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Rafizi: Govt, semiconductor industry players should work closely to ensure continuity of future talentsKUALA LUMPUR, Aug 26 — The government and industry players in the semiconductor sectors must work closely in order to ensure the country can continue to produce the best...
Source: malaymail - 🏆 1. / 86 Read more »

Govt forms digital economy council, industry players roped inThe prime minister will chair the council, which will involve representatives from the private sector, industry experts and NGOs.
Source: fmtoday - 🏆 5. / 72 Read more »

Govt forms digital economy council, ropes in industry playersPETALING JAYA: The government has formed a national digital economy council which will help Putrajaya develop a vibrant digital economy ecosystem.
Source: DailyExpress_MY - 🏆 3. / 83 Read more »