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PM shares Madani Economy plan with Fortune 500 firms

22 Sep 2023, 2:08 AM
PM shares Madani Economy plan with Fortune 500 firms

NEW YORK, Sept 22 — Prime Minister Datuk Seri Anwar Ibrahim has engaged with 15 United States Fortune 500 companies, including Airbnb, Amazon, Amazon Web Services, Boeing, ConocoPhillips and Kimberly-Clark, in his mission to attract foreign investments (FDI) to Malaysia.

During the meeting, Anwar shared the Madani Economy framework, supported by the New Industrial Master Plan 2030, the National Energy Transition Roadmap and the 12th Malaysia Plan Mid-Term Review, which outline directions to achieve national development goals.

“I appreciate the positive feedback and constructive inputs shared by these companies,” he said in a Facebook post.

The Prime Minister, currently in New York to attend the 78th United Nations General Assembly, said the US has been Malaysia’s third-largest trading partner since 2015.

In terms of investments, Malaysia’s manufacturing sector received FDIs totalling RM1.84 billion from the US in the first six months of 2023, resulting in the creation of 1,558 jobs.

“I hope Malaysia will attract more new investments from US corporate giants,” he said.

Anwar, who is also Finance Minister, said bodies such as the US-Asean Business Council and the US Chamber of Commerce, which act as mediums between the government and the business community, would drive successful implementation of government initiatives that ultimately benefit the people.

— Bernama

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