Malaysia’s tech ecosystem to help woo top brands, Tengku Zafrul says

Tengku Zafrul’s comments at an investor conference in Kuala Lumpur on March 8 follow Malaysia’s recent success in attracting top brands such as Tesla Inc and Amazon Web Services. — Bloomberg

Malaysia is counting on its well-established ecosystem and talent pool in the electrical and electronics space to win investments amid competition from peers in South-East Asia, according to International Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He was making a case for building on strengths that make the country stand out to investors, rather than relying only on incentives to attract businesses as he said financial giveaways can easily be matched by others.