PETALING JAYA: Deputy International Trade and Industry
Minister Datuk Mukhriz Mahathir is confident of Malaysia maintaining its
position as the foremost foreign direct investment (FDI) destination in Asean.
He said the sentiment of foreign
investors remained positive, encouraged by the effectiveness of the country’s
continuing economic transformation policies introduced by the Government,
despite the economic crisis.
“The Asean region is growing
rapidly and investors are very keen on investing in Malaysia, as among the
regional members, we have posted the best economic growth. Last year’s gross
domestic product rose to 5.6%.
“This is a result to be proud of,
as it was achieved in a not-very-encouraging economic climate at the global
level. This is what creates confidence among investors,” he told reporters
after launching the CreaNova 2013 here yesterday.
Asked about the effect of the
forthcoming 13th general election (GE) on the total FDI, Mukhriz said the
situation had impacted the decision of investors. He said the backdrop of
uncertainity in the country had made the foreign investors take a wait-and-see
attitude. “I believe many more investors are waiting for the outcome of the
13th GE, as it would decide whether the country’s existing economic policies
would be continued or otherwise,” he added.
Bernama
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