Malaysia's strong view on Palestine will not affect the economy or US investments, says PM

KUALA LUMPUR: Malaysia's strong view on Palestine will not affect the economy or foreign investments, says Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who is also the Finance Minister, said that despite its firm stance on Palestine, the country managed to secure a total of RM63.02bil in proposed investments in the US.

He said this is mainly from technology giants such as Google, Enovix, Microsoft, and TikTok, following the recent Asia-Pacific Economic Cooperation (Apec 2023) summit.

"I would like to give my assurance, based on the information during our four-eyed meetings or closed-door meetings, that our trade ties are not affected at all,” said Anwar.

He added that these companies know Malaysia's stance and follow the statements the government releases and said that many companies including Muslim companies in the US, in the Bay area, are aware of this.

"I also have told the Malaysian Investment Development Authority (Mida) to facilitate the companies' participation, including those that wanted to increase their operation and move to Malaysia," said Anwar.

He said this in reply to a question from Aminolhuda Hassan (PH-Sri Gading) during the Prime Minister's Question Time on Tuesday (Nov 21).

Aminolhuda wanted to know the benefits derived by the country at the 30th Apec meeting attended by the Prime Minister in the United States recently.

Anwar added that the government had used each opportunity during Apec through the Investment, Trade, and Industry Ministry.

"We met with several major US investors, and it appears that priority is still given to us based on stable politics, clear economic policies, and the expedited approval process now managed by Mida," said Anwar.

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Anwar Ibrahim , Palestine , Investment , International , US , Economy ,


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