Business · Malaysia Bureau
Malaysia welcomes Chinese digital technology investment, Anwar says
Prime Minister Anwar Ibrahim has reaffirmed Malaysia's openness to Chinese investment in the digital technology sector, signalling the country's continued commitment to strengthening economic ties with Beijing.
LSN Malaysia ·
Malaysia will continue to embrace investment from China in digital technology and related sectors, Prime Minister Anwar Ibrahim said during a visit to Hangzhou on September 24.
The statement underscores Malaysia's pragmatic approach to foreign investment and its desire to deepen economic cooperation with major trading partners in the region. The country has positioned itself as an attractive destination for technology investment from multiple sources, including China, as it seeks to modernise its digital infrastructure and economy.
Anwar's remarks reflect Malaysia's broader strategy of diversifying investment sources while maintaining strong bilateral relationships across Asia. The digital technology sector has become increasingly important to Malaysia's economic development plans, with the government looking to boost local capabilities and create jobs in high-value industries.
The Prime Minister's visit to Hangzhou, a major hub for China's technology sector, comes amid ongoing economic cooperation between the two nations across multiple industries including manufacturing, trade and infrastructure development.