Budget 2023: Govt to improve procedures of doing business, accelerate investment efforts

KUALA LUMPUR: The government will improve procedures of doing business to reduce bureaucracy, including providing incentives to local authorities to facilitate the implementation of approved procedures to ensure that investment efforts can be accelerated.

Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim said the Invest Malaysia Council and the National Committee on Investment will lead efforts to speed up the approval of high-potential investment projects.