Anwar invites investors from Saudi Arabia

JEDDAH: Prime Minister Datuk Seri Anwar Ibrahim has asked Saudi Arabian businesses to invest more in Malaysia, which he said has a stable government with clear policies.

Talking to hundreds of Saudi and Malaysian businessmen here yesterday, he said the new government under his leadership was committed to making it easier to do business in the country, with reforms that support businesses and the Madani agenda.

“I would therefore appeal to some of the business community, soon after Ramadan, to send delegations and meet your counterparts.

“Of course, we will encourage you to invest in these things, as I mentioned what our priorities are ... for digital technology, food security and, of course, infrastructure, and we look forward to your active participation in Malaysia,” he said in his keynote address at the Islamic Development Bank (ISDB) headquarters here.

The Prime Minister, along with his wife Datuk Seri Wan Azizah Wan Ismail, Foreign Minister Datuk Seri Dr Zambry Abdul Kadir and Communications and Digital Minister Fahmi Fadzil, arrived at the King Abdulaziz International Airport at 6.40am local time on Thursday to start his three-day official visit to the kingdom.

Anwar, reported Bernama, said there was a good reciprocal relationship between both countries in terms of investment.

“We have had some form of investment in infrastructure (from Saudi Arabia in Malaysia) ... and it is also amazing (that Malaysia) with a small economy compared to Saudi Arabia, has investments in Saudi.

“I would strongly urge you all to give all the necessary support because this will make a lot of difference for the Muslim world, and hence promote more vibrant economies,” he added.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Anwar Ibrahim , Saudi Arabia , invest


Next In Nation

SAR to be widened on Tuesday for boy feared drowned in Tj Malim
PH-BN seat allocation for T’ganu polls completed, says Ahmad Said
Evacuees return home as floodwaters recede in Bukit Raja
Toddler lands in hospital with acute nicotine poisoning in Bera
Boy impales himself on buttocks while climbing metal fence in Sg Besar
Johor sees slight drop in dengue cases
The boys in blue are coming for you, IGP warns culprit who threatened Penang chief cop
KJ says any party he forms will be on his terms
Sabah vet dept has no power to shut down illegal pig farm, says Kitingan
Payung Rahmah initiative to be expanded to cover eyewear, says Salahuddin

Others Also Read