Anwar invites South Korean investors to explore opportunities in Malaysia


Prime Minister Datuk Seri Anwar Ibrahim during his meeting with South Korean President Yoon Suk Yeol (second from left) on Monday (Nov 25). - Photo: Bernama

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is inviting investors from South Korea to explore the various opportunities available in Malaysia and to collaborate in efforts to boost and achieve mutual prosperity.

Anwar, who also serves as Finance Minister, met with several chief executive officers during the C-Suite Insight Session.

He also delivered a speech at the Malaysia-Korea Business Forum 2024 after meeting with South Korean President Yoon Suk Yeol on Monday (Nov 25).

"This meeting emphasised the close relationship between Malaysia and South Korea, in addition to highlighting our commitment to innovation and sustainable growth," he shared on the X (formerly known as Twitter) platform.

In his forum speech, Anwar welcomed the presence of over 200 participants representing 147 South Korean companies from various sectors including semiconductor, electric vehicle, green technology, and artificial intelligence (AI).

"I shared Malaysia's policies under the Madani Economic Framework, supported by initiatives such as the New Industrial Master Plan 2030, the National Energy Transition Roadmap, and the Semiconductor Strategic Plan," he added.

Anwar noted that the C-Suite Platform allowed Malaysia to engage directly with leading South Korean companies such as Samsung, SimmTech, Poongsan Corporation, Lotte Energy Materials, and Kumho Petrochemical.

These companies presented their plans for Malaysia, including investments in sectors such as semiconductor, renewable energy, rare earth processing, and the halal industry.

"Their commitment to Malaysia is exciting and reflects their confidence in Malaysia's stability, policies, and as a strategic investment destination," he said.

Anwar and his delegation arrived in Seoul on Monday for a three-day official visit to South Korea to further strengthen bilateral relations.

Both countries will be celebrating the 65th anniversary of the establishment of diplomatic relations in 2025. – Bernama

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