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Infrastruktur perundangan penting pacu pembangunan ekonomi, kata Fadillah

Sistem penyelesaian pertikaian yang berkesan adalah sebahagian infrastruktur ekonomi kerana pelabur memerlukan keyakinan sebarang pertikaian akan dikendalikan secara adil.

Infrastruktur perundangan penting pacu pembangunan ekonomi, kata Fadillah

Kementerian Mentri Besar Fadillah Yusof stressed that infrastructure planning is crucial for driving economic development, saying that institution credibility is not solely dependent on laws, but must be proven through efficient management. In Kuala Lumpur, Fadillah emphasized that strong infrastructure and institutions are essential for supporting the country's economic development, especially as Malaysia continues to attract investments in infrastructure, energy, technology, and advanced industries.

He added that an effective dispute resolution system is part of economic infrastructure, as investors require confidence that any disputes will be handled fairly, thoroughly, and predictably, particularly in cross-border matters. "When this importance is translated into projects, contracts, and commercial activities, the need for effective dispute resolution grows," he stated during his executive address at the Alternative Dispute Resolution (ADR) Asia 2026 Executive Seminar at the AIAC Sultan Sulaiman Building.

Fadillah noted that the 2027 budget reflects the government's continued emphasis on economic resilience, infrastructure development, investment, and institutional reform in an uncertain economic environment. He emphasized that institution credibility is not only dependent on laws and regulations but must be demonstrated through efficient management, unbiased decisions, and professional excellence.

Meanwhile, Minister of Law and Institutional Reform Azalina Othman Said said that Malaysia needs to strengthen its position as a strong ADR system among nations by ensuring freedom, integrity, and continuous delivery become top priorities. She added that a country's strength is not measured solely by its rigid laws but by the level of trust the world has in its institutions.

According to her, in a global interconnected economy, businesses and investors not only seek commercial opportunities but also require legal certainty, institutional credibility, and confidence that disputes can be resolved fairly and efficiently. "That's why ADR is a critical bridge for cross-border trade. That's why Malaysia must continuously strengthen its position as a trusted global ADR," she said.

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

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