Business

Khazanah to set up new green investment platform: Anwar

PM says scheme aimed at helping local firms would create high-quality jobs

Updated 10 months ago · Published on 25 Jun 2023 9:33PM

Khazanah to set up new green investment platform: Anwar
Datuk Seri Anwar Ibrahim urges Khazanah Nasional Bhd to be on the right track and stick to its mandate to deliver sustainable economic and social benefits and a better future for the country. – khazanah.com.my pic, June 25, 2023

KUALA LUMPUR – Khazanah Nasional Bhd is set to create a new green investment platform to attract more direct investment locally and from abroad, said Prime Minister Datuk Seri Anwar Ibrahim.

He said the initiative was aimed at helping local companies, especially Bumiputera firms, which would also result in more high-quality job opportunities.

According to Anwar, the matter was discussed during the third Khazanah board meeting for 2023 held a few days ago, with Khazanah’s role in national development efforts also thoroughly looked into.

“We also discussed the importance of implementing a sustainable energy transition plan to ensure economic sustainability,” he said in a post on his Facebook page today.

Anwar, who is also finance minister, said the meeting’s main discussion was on investments by Khazanah to strengthen the domestic economic ecosystem, not only for start-ups, but also for those that were already successful and required capital for future growth. 

He said with Khazanah’s involvement, the initiative could help develop local workforce talent and increase the country’s capability and competitiveness.

Meanwhile, he said Khazanah would continue to work with the government through the Advancing Malaysia strategy to be in line with the country’s economic development goals.

“The government is committed to continue driving Malaysia’s economy forward in an environment of global market and geopolitical uncertainty.

“In this regard, stronger cooperation among the private sector and also the government, whether at the federal, state, or local authority level must continue to be improved,” he said.

The prime minister urged Khazanah to be on the right track and stick to its mandate to deliver sustainable economic and social benefits and a better future for the country. – Bernama, June 25, 2023

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