Now is the right time to invest in Malaysia, Anwar says on Singapore trip

Prime Minister Anwar Ibrahim yesterday assured foreign investors and industry leaders from the Asian region that there is currently no concern about political stability in Malaysia.

Anwar, who is also the finance minister, said now was the right time to invest in Malaysia, especially with the various economic indicators and long-term policies introduced by the government, including the Madani Economy, National Energy Transition Roadmap and New Industrial Master Plan 2030.

In a Facebook post, he said he explained this to over 400 people, most of whom were investors, during the Fireside Conversation session in conjunction with the Milken Institute 10th Annual Asia Summit in Singapore.  

The prime minister had been in Singapore on a one-day working visit.

According to the post, Anwar, at a separate session, also met and spoke with 22 entrepreneurs and heads of investment and banking organisations in Asia, using the opportunity to explain the country's fiscal policy and the meaning of sustainability from the perspective of Madani Malaysia.

Anwar said that at the session, which was also attended by International Trade and Industry Minister Tengku Zafrul Tengku Aziz and Foreign Minister Zambry Abd Kadir, he had shared his views on issues and the direction of Asean, especially in the field of economic and technological integration.

"I summarised that Malaysia focuses on complementing and adding value to economic and social growth with neighbouring countries," he said.