Malaysia’s FDI set to rise on friend-shoring as PM Anwar raises country's profile

Sunway University economics professor Yeah Kim Leng said the prime minister’s recent working trip to the 78th United Nations General Assembly (UNGA) and his meeting with top corporate leaders has given Malaysia greater prospects on the investment radars of top US companies.

KUALA LUMPUR: Malaysia’s foreign direct investment is anticipated to rise more strongly, augmented by "friend-shoring” policies promoted by the US government and Prime Minister Datuk Seri Anwar Ibrahim’s moves to enhance the country’s investment facilitation, said an economist.

Sunway University economics professor Yeah Kim Leng said the prime minister’s recent working trip to the 78th United Nations General Assembly (UNGA) and his meeting with top corporate leaders has given Malaysia greater prospects on the investment radars of top US companies.