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PM Anwar: China visit yields RM28b in potential investments across high‑tech sectors

HANGZHOU, Sept 24 — Malaysia has secured more than RM28 billion in potential investments following trade talks wit...

PM Anwar: China visit yields RM28b in potential investments across high‑tech sectors

Malaysia's Prime Minister, Anwar Ibrahim, disclosed that a recent trip to China resulted in over RM28 billion in potential investments from high-tech Chinese companies, according to a report by Bernama. The visit, which lasted three days and took place in Shanghai and Hangzhou, included meetings with 21 companies and five major Chinese industrial firms.

The high-value investments are expected to be distributed across various strategic sectors, such as semiconductor manufacturing, artificial intelligence, robotics, electric vehicles, biotechnology, and advanced medical devices.

Anwar Ibrahim expressed that the majority of the companies attending the roundtable discussion and targeted meetings had shown strong interest in increasing their investments, citing their confidence in Malaysia's stability and the policies currently being implemented. The announcement came during the launch of the Malaysia Pavilion at the 5th Global Digital Trade Expo held at the Hangzhou Grand Convention and Exhibition Centre.

Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at malaymail.com →

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