Chinese investors see potential in Malaysia, says Wee

One for the album: Dr Wee attending the Malaysia-China Economic Forum in Beijing.

PETALING JAYA: Many Chinese entrepreneurs and business leaders are eager to invest or expand businesses in Malaysia, says MCA president Datuk Seri Dr Wee Ka Siong.

He said the Chinese investors saw the potential in Malaysia and they are confident of investing in this country that offers a conducive environment.

They expressed their keenness to invest in Malaysia at a meeting with Datuk Seri Anwar Ibrahim in Beijing yesterday, he added.

The event, held in conjunction with the maiden official visit of the Prime Minister to China, was attended by representatives from 37 leading Chinese corporations.

“It (the meeting) saw a multitude of issues, ideas and recommendations being raised and discussed for mutual Malaysia-China cooperation.

“There is keenness here to bring more Chinese investments to Malaysia in view of the great potential and conducive investment environment that we have,” said Dr Wee in a Facebook post yesterday.

“Congratulations indeed on this insightful and progressive dialogue to the Prime Minister, the International Trade and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz, and his team,” he wrote.

In another Facebook post, Dr Wee said the visit of Anwar was a fruitful one with the inking of 19 MOUs between Malaysian and Chinese corporations.

He said they amounted to RM170bil, the largest ever in Malaysian history, and would boost the nation’s economic growth for a long term.

“The Prime Minister announced this at the Malaysia-China Business Summit in Beijing, adding that the RM170bil investment pledged by the Chinese firms is the highest ever in the country’s history.

“Congratulations to the Prime Minister for such a fruitful visit which will surely boost economic growth for the long-term,” he added.

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Wee Ka Siong , China , investments


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