Malaysia’s Economic Policy to Drive Country at ASEAN and Global Levels - PM Anwar

Malaysia’s Economic Policy to Drive Country at ASEAN and Global Levels - PM Anwar

CAIRO, Nov 11 (Bernama) -- Malaysian Prime Minister Anwar Ibrahim is confident that his country’s MADANI economic policy under his administration will continue to drive Malaysia's economy at ASEAN and global levels.

Anwar said Malaysia's encouraging economic indicators and being recognised as a major hub in the field of semiconductors and green energy in Southeast Asia is a positive indication of the country's ability to play a global economic role.

"Before leaving for Riyadh, Saudi Arabia, the Malaysian business delegation and I attended a roundtable session yesterday (Sunday) with about 60 industry and business leaders covering various Egypt-based sectors.

"Egypt's Investment and Foreign Trade Minister Hassan El-Khatib also attended the session which explored various business and trade joint ventures with companies in Malaysia and gave rise to confidence with regards to the investment opportunities in our country,” he said in a statement.

According to Anwar, opportunities in the palm industry, automotive, pharmaceuticals and medical products, semiconductors, digital and renewable energy sectors were discussed with Egyptian industry and business leaders in a very productive session.

Speaking at the session, Anwar said as Malaysia assumes the ASEAN chair next year, among the various areas of focus, it will zero in on further rising economic and trade activities between member countries.

He said Malaysia, a leading player and producer in the green energy sector, will boost "intra-Asean" economic and trade activities and will also focus on further boosting the development of digitalisation among member countries.

Also present during the roundtable session were Foreign Minister Mohamad Hasan and Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.

-- BERNAMA