PRIME MINISTER Datuk Seri Anwar Ibrahim highlighted that Malaysia’s rapid economic recovery, resilience, and the capabilities of its people have significantly contributed to attracting foreign investors.
Anwar explained that foreign leaders and companies have been closely watching Malaysia’s impressive economic growth and increasing investment inflows, especially as many other nations continue to struggle with recovery from the COVID-19 pandemic.
"We have proven that we have the capabilities. Malaysia is extraordinary. It’s rare to find a society, with such diverse ethnicities and religions, living together in harmony," Buletin TV3 reported him saying today.
The Prime Minister noted that, despite challenges faced by other nations—including scandals and the impact of the pandemic—Malaysia has managed to rebound strongly.
"Other countries have faltered, weakened by scandals and the aftermath of COVID-19. But Malaysia is now bouncing back with solid growth, substantial investments, and a growing reputation as a hub for data centres and semiconductors."
Speaking at the ‘Alamanda Berwajah Baharu’ event, which marked the completion of the mall’s renovation, Anwar emphasised that Malaysia’s ability to attract foreign investment is largely due to the talents and capabilities of its people.
"Why are investments pouring in? It’s because foreign investors recognize the capabilities of our people," he explained. "We must acknowledge and appreciate the efforts of our youth, managers, traders, and even the cleaners, who contribute to the nation’s success."
Looking ahead, Anwar revealed that Malaysia expects more visits from foreign leaders, including those from China and South Africa. "The visits will be postponed during Ramadan but will resume after April," he added.
Anwar’s comments underscore the strength of Malaysia’s recovery and its position as an attractive destination for foreign investment.
Malaysia Must Leverage Technology, AI and Digitisation
Anwar stressed the importance of enhancing technological efficiency, artificial intelligence (AI), and digitalisation in Malaysia, highlighting the need for the country to keep pace with other advanced nations.
Anwar noted that countries like China, Japan, the United States, and various European nations are rapidly advancing their technological capabilities, with a strong focus on AI and digital transformation.
He said these nations are prioritising the transition to sustainable energy solutions and moving away from reliance on traditional energy sources.
"Countries such as China, Japan, the U.S., and Europe are now competing to boost their technological capabilities, including AI and digitalisation. They're discussing how nations can quickly adapt with energy transitions and no longer depend on outdated energy systems," Anwar said.
He explained that achieving this ambitious agenda requires a collective effort from all sectors of society, including the government, private sector, and citizens.
“The focus should shift from trivial issues and instead centre on larger, more significant matters that contribute to the nation’s long-term prosperity.
"We often get distracted by petty issues and engage in unnecessary disputes. This is why it is crucial for everyone—be it the government, private companies, or citizens—to focus on the bigger picture.
“First, we need to improve our efficiency, offer better services, and stop the practice of exploiting opportunities for personal gain, which enriches only a few," he added.
Anwar’s remarks underline the importance of forward-thinking policies and actions aimed at positioning Malaysia as a competitive and sustainable economy in the digital age. – February 23, 2025
