KUALA LUMPUR: The global supply crisis should be viewed as an opportunity to strengthen Malaysia’s position as a safe investment destination, says Tengku Datuk Seri Zafrul Abdul Aziz.
The senior political adviser to the Prime Minister said Malaysia has a proven track record of economic resilience and a robust investment ecosystem in navigating various crises.
“This is an opportunity. In every crisis, there are opportunities we must examine.
“Malaysia’s economy and investment ecosystem have weathered many crises and we continue to maintain sound policy frameworks.
“This will, to some extent, boost investor confidence,” Tengku Zafrul said after a Bakul Rahmah Programme contribution handing over ceremony here yesterday.
He said that the country must continue positioning itself as a stable and safe investment destination.
Energy security is a key consideration for companies and investors when making investment decisions, added Tengku Zafrul.
“Energy security is a major concern for companies and investors.
“Malaysia has demonstrated strength in terms of energy stability, reliability and resilience,” he said, as reported by Bernama.
He said this was among the reasons many investors view Malaysia as a safe investment destination.
Earlier, Tengku Zafrul, who was accompanied by Teratai assemblyman Yew Jia Haur, presented aid to 350 recipients from various communities, including senior citizens, single mothers and low-income families.
At another event, Tengku Zafrul spent time with traders during a community programme at Kompleks Muhibah in Taman Nirwana.
