PM Anwar: Despite geopolitical rivalry, US remains Malaysia's top investor

MalayMail/Bernama-Sept 22

Despite the rivalry between the United States (US) and China, the tension in the South China Sea and China’s recent huge increase in investments in Malaysia, the US is still the country’s top investor, said Prime Minister Datuk Seri Anwar Ibrahim. Anwar said Malaysia is an independent country and welcomes trade and investments from everyone, adding that the past and present US administrations have always been supportive and traditional allies. “We have excellent ties with China too. I feel comfortable meeting President Xi Jinping, and I have also met with Premier Li Qiang three times,” he said during a question and answer session at the Invest Malaysia New York event here, organized by Bursa Malaysia. “That, to me, places Malaysia in a unique position to utilize and benefit from our relationships with both the US and China,” he said. He said Malaysia remains one of the countries with the best infrastructures in the region and is continuously taking steps to alleviate investors’ concerns such as the ease of doing business, financial procedures and corruption. In 2022, the US topped Malaysia’s list of foreign direct investments with a net inflow of approximately RM37.8 billion. Read more at: https://www.malaymail.com/news/malaysia/2023/09/22/pm-anwar-despite-geopolitical-rivalry-us-remains-malaysias-top-investor/92246