PM's JAPAN VISIT GARNERS RM6.65 BILLION IN POTENTIAL INVESTMENT

Prime Minister Datuk Seri Anwar Ibrahim's working visit to Japan in conjunction with the ASEAN-Japan commemorative summit successfully attracted potential investment worth RM6.56 billion.

Anwar said his meeting with various parties in Japan including his counterpart Fumio Kishida clearly showed that Malaysia-Japan relations are now witnessing a new shift in terms of cooperation in investment, trade, education and technology. “The visit to Japan was successful and proud, successfully attracting potential investment worth RM6.56 billion,” he said at a press conference concluding his visit to Japan.

According to him, it is in addition to the potential investment worth RM23 billion during the previous visit of the Malaysian delegation to Japan in June. The cumulative investment potential from visits to Japan this year amounts to RM29.56 billion. The three Japanese corporate companies Rohm Wako, NEC Co Ltd and Mitsui & Co who already have investments in Malaysia also showed their willingness to increase their investments. The Prime Minister said the investment potential is possible in the form of new investments or expanding existing investments.

Regarding the sectors involved in the potential investment worth RM6.56 billion, Minister of Investment, Trade and Industry (MITI) Tengku Datuk Seri Zafrul Abdul Aziz in the same press conference said it involved the renewable energy, electricity and electronics, chemical and digital economy sectors.