Malaysia Remains a Preferred Investment Destination Locally and Globally: Finance Minister

Malaysian Finance Minister, Datuk Seri Tengku Zafrul Abdul Aziz, highlighted that Malaysia had retained the commitment of domestic and international business communities over the years, largely due to the country’s potential and strength.

According to Tengku Zafrul, many international and multinational corporations have commenced the establishment of vendor development programmes as well as supply chain management initiatives with local suppliers and companies in Malaysia, despite COVID-19.

Over time, these domestic suppliers have gone on to become manufacturers, by taking control of the supply chain, with some even being listed on Bursa Malaysia and providing employment opportunities for the local community. Some key projects approved during the first nine mont...