Malaysia banks on policy certainty, economic resilience to attract investment

BANGKOK: Malaysia is strengthening its business environment, policy certainty and economic resilience to attract long-term investment, with foreign and domestic direct investments reaching record highs, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

He said the government was reinforcing the country’s economic fundamentals through regulatory clarity, business-friendly policies and reforms to provide investors with greater certainty when operating in Malaysia.

"Malaysia recorded gross domestic product growth of more than five per cent for two consecutive years while maintaining stable inflation, despite growing geopolitical uncertainties.

"Malaysia’s story is resilience,” he said at the Bloomberg Global Policy Series: ASEAN Growth Markets Spotlight - Competing and Connecting for Global Capital here on Friday.

Amir Hamzah said Malaysia was also focused on moving its economy up the value chain by strengthening key industries, including semiconductors, and deepening domestic supply chains to create higher-value jobs and enhance its competitiveness in global trade.