Meetings With Industry Players, Investors Reflect Confidence In Malaysia's Potential - PM Anwar
From Saraswathi Muniappan
NEW DELHI, Sept 12 (Bernama) -- Prime Minister Datuk Seri Anwar Ibrahim said his meetings with representatives of several leading companies here today reflect the continued confidence of industry players and investors in Malaysia’s economic potential and direction.
“The MADANI Government will continue to facilitate quality investments that strengthen local industries, create high-value jobs, and ensure that the benefits are felt by the people,” he said.
Anwar, who is also Finance Minister, met representatives of DRB-Hicom, Segula Technologies India, AWL Agri Business Ltd and Motherson Group to discuss opportunities to expand investment and industrial cooperation between Malaysia and India in strategic sectors.
The first meeting was held with representatives of DRB-Hicom, who were accompanied by their strategic partners, to explore opportunities for cooperation with the automotive industry in India.
“I then met with the leadership of Segula Technologies India, a global engineering and technology company, which expressed the intention to establish a global engineering centre in Malaysia by the end of 2026,” he said in a post on social media.
The initiative, he said, could strengthen Malaysia’s local engineering capabilities through the hiring of Malaysian talent and the application of artificial intelligence expertise in the automotive, aerospace, energy and advanced manufacturing sectors.
Meanwhile, the meeting with AWL Agri Business Ltd, one of the major companies in India’s agribusiness sector, explored efforts to increase its purchase of products from Malaysian suppliers, Anwar said.
The company has imported about RM1.5 billion worth of Malaysian palm oil products, creating opportunities to expand cooperation in palm oil, specialty fats, oleochemicals and other downstream products.
“I also met with representatives of Motherson Group, who shared plans to expand their information technology and digital solutions business in Malaysia,” the Prime Minister said.
The move would leverage on the strengths of local talent, Malaysia’s digital infrastructure, and the country’s strategic position as a gateway to regional markets, he added.
Anwar arrived here on Friday to attend the 18th BRICS Leaders’ Summit. This is his second visit to India in his capacity as Prime Minister, following his visit in August 2024.
-- BERNAMA