World · Malaysia Bureau
Perlis positioned as emerging investment destination, says Regent
Tuanku Syed Faizuddin Putra Jamalullail has called on the corporate sector to recognize Perlis as a viable location for business investment and economic development.
LSN Malaysia ·
The Regent of Perlis has signaled the state's readiness to attract major corporate investment, urging businesses to consider the northern state as a strategic destination for expansion and growth. Tuanku Syed Faizuddin Putra Jamalullail expressed optimism about Perlis's potential to compete for regional investment, emphasizing the state's advantages for development initiatives.
The call comes as Perlis seeks to broaden its economic base beyond traditional sectors. State officials have increasingly focused on positioning Perlis as an alternative investment hub in northern Malaysia, with improved infrastructure and business-friendly policies aimed at attracting domestic and foreign investors.
The Regent's remarks reflect broader efforts to elevate Perlis's profile among Malaysia's investment-destination states. Economic development remains a priority for the state government, which has identified several key sectors as focus areas for growth and expansion in coming years.