KUALA LUMPUR: Datuk Seri Anwar Ibrahim is championing expedited approvals from federal and state authorities and local governments, aiming to make Malaysia a more appealing investment hub without eroding regulatory standards.
The Prime Minister underscored the importance of Malaysia's image as a prime destination in the investor community, acknowledging the country's robust economic growth and improved pace in development authorizations.
"Although the country has recorded positive economic growth and an increase in the speed of development approvals, I emphasised that the Madani government will continue to strengthen its agenda to ease the process of doing business," he said on Facebook on Thursday (Aug 15).
Anwar, presiding over the 45th National Physical Planning Council meeting, spearheaded talks on national urban, rural, and land use strategies. The council serves as a pivotal forum for federal-state deliberations on planning matters.
Amidst the discussions, Anwar highlighted the need for sustainable approaches to rare earth element mining, ensuring ecological preservation alongside economic gains and preventing disruptions to conserved forest regions.
"Insya-Allah, the synergy between the Federal Government and state governments will continue to be strengthened to create a more holistic development planning landscape."
