Malaysia secures a record RM170b worth of investment commitment from China – PM Anwar

BEIJING – Malaysia has secured a record RM170 billion worth of investment commitment from China.

The amount, the biggest so far from China, is from a total of 19 memoranda of understanding (MoU) sealed between businesses in China and Malaysia.

Prime Minister Datuk Seri Anwar Ibrahim (picture) said this showed the confidence of the investors in the country.

“We have achieved the commitment of RM170 billion in investments from China. I must thank the investors for giving their cooperation and for giving us confidence.

“This is historic. It is good for Malaysia and the future,” he said when announcing the news at the Malaysia-China Business Forum, which was attended by some 1,000 business leaders from both countries, here today.

The Prime Minister is currently on the last of his three-day visit here to deepen the strategic bilateral political and trade relationship with China. – Bernama / pic credit: Anwar Ibrahim FB