Australian companies keen to invest RM24.5bil in Malaysia, says Anwar

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Anwar Ibrahim News

Australia,Investments,Malaysia

The electric vehicle (EV) industry has a lot of ground momentum driving its growth and adoption globally, but there are still key chokepoints that could impede any widespread adoption locally – at least for the moment.

Singapore's Prime Minister Lee Hsien Loong, Brunei's Sultan Hassanal Bolkiah, Australia's Prime Minister Anthony Albanese, Indonesia's President Joko Widodo, Philippines President Ferdinand Marcos Jr, Cambodia's Prime Minister Hun Manet, Malaysia's Prime Minister Anwar Ibrahim and Laos' Prime Minister Sonexay Siphandone pose for a family photo at the ASEAN-Australia Special Summit, in Melbourne, Australia March 5, 2024.

Anwar, who is also the Finance Minister, said the intention was expressed to him during his meeting with more than 20 Australian companies in Melbourne on Tuesday , the second day of his official visit to Australia. The amount of potential investments exceeds an earlier estimate made by the Ministry of Investment, Trade and Industry and Malaysian Investment Development Authority, he said.

 

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