NEW YORK, Sept 22 (NNN-Bernama) \u2013 Despite the rivalry between the United States (US) and China, the tension in the South China Sea\u00a0and China\u2019s recent huge\u00a0increase in investments in Malaysia, the US is still the country\u2019s top investor, said Malaysian Prime Minister Anwar Ibrahim.<\/p>\n\n\n\n
Anwar said Malaysia is an independent country and welcomes trade and investments from everyone, adding that the past and present US administrations have always been supportive and traditional allies. <\/p>\n\n\n\n
\u201cWe have excellent ties with China too. I feel comfortable meeting President Xi Jinping, and I have also met with Premier Li Qiang three times,\u201d he said during a question and answer session at the Invest Malaysia New York event here, organised by Bursa Malaysia (Malaysian Stock Exchange). <\/p>\n\n\n\n
Earlier on, the prime minister had delivered his keynote address, titled \u201cRegaining Malaysia\u2019s Lead in Asia\u201d.<\/p>\n\n\n\n
Over 100 representatives from major US companies and fund managers attended the event, as well as the roundtable discussion with Fortune 500 companies held earlier.<\/p>\n\n\n\n
\u201cThat, to me, places Malaysia in a unique position to utilise and benefit from our relationships with both the US and China,\u201d he said.<\/p>\n\n\n\n
Anwar, who is also the Finance Minister, said Malaysia has been benefiting from vast investments made by major US firms, such as Amazon Web Services, Boeing and Intel.<\/p>\n\n\n\n
He said Malaysia remains one of the countries with the best infrastructures in the region, and is continuously taking steps to alleviate investors\u2019 concerns such as the ease of doing business, financial procedures and corruption.<\/p>\n\n\n\n
In 2022, the US topped Malaysia\u2019s list of foreign direct investments with a net inflow of approximately RM37.8 billion.<\/p>\n\n\n\n
Last month, outgoing US Ambassador to Malaysia, Brian McFeeters said US companies have pledged investments totalling RM100 billion in various sectors in Malaysia over the last 18 months.<\/p>\n\n\n\n
He said these significant investments are in areas where the US wants to strengthen its presence, namely the electronics and semiconductor sectors, as well as the data centre segment which is a major growth area.<\/p>\n\n\n\n
— NNN-BERNAMA<\/p>\n","protected":false},"excerpt":{"rendered":"
NEW YORK, Sept 22 (NNN-Bernama) \u2013 Despite the rivalry between the United States (US) and China, the tension in the South China Sea\u00a0and China\u2019s recent huge\u00a0increase in investments in Malaysia, the US is still the country\u2019s top investor, said Malaysian Prime Minister Anwar Ibrahim. Anwar said Malaysia is an independent country and welcomes trade and […]<\/p>\n","protected":false},"author":25,"featured_media":216464,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[288,300,286,291],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/237841"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=237841"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/237841\/revisions"}],"predecessor-version":[{"id":237843,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/237841\/revisions\/237843"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/216464"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=237841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=237841"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=237841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}