Potential RM4bil Investments from Anwar’s Visit to France, Says Zafrul

Malaysia has successfully drawn potential investments totalling RM4 billion following Prime Minister Datuk Seri Anwar Ibrahim’s recent visit to France. This impressive figure marks another step forward for Malaysia’s economy, as highlighted by Datuk Seri Tengku Zafrul Aziz, the Investment, Trade and Industry Minister.

The Malaysian delegation, spearheaded by Anwar, included noteworthy participation from the Malaysian Investment Development Authority (Mida) and the Malaysia External Trade Development Corporation (Matrade). During this visit, Anwar engaged with 40 representatives from French industry, discussing promising avenues for collaboration and growth.

“Several French enterprises are looking to invest cumulatively in sectors such as high-tech manufacturing, aerospace, renewable energy, tourism and hospitality, digital economy, and sustainable infrastructure,” stated Zafrul. These sectors, aligned with the nation’s vision, are positioned under the New Industrial Master Plan 2030 (NIMP 2030) and Green Investment Strategy. French companies are drawn by Malaysia’s conducive, stable, and dynamic investment environment, amongst other strategic advantages.

Additionally, potential exports worth RM675 million were identified in high-impact areas including aerospace, automotive, renewable energy, pharmaceuticals, digital economy, lifestyle, and the halal industry. These projected investments are anticipated to reinforce Malaysia’s status as a competitive global player.

Highlighting Malaysia’s growing appeal, Tengku Zafrul noted, “The outcome of this mission underscores the sustained confidence international companies have in Malaysia’s investor-friendly policies and vibrant supply chain ecosystem.” This confidence is mirrored in the anticipated business opportunities that will be available for local enterprises, including Small and Medium Enterprises (SMEs), and the creation of high-potential job opportunities for Malaysians.

This visit to France formed part of a broader official trip that included visits to Italy and Brazil, spanning from July 1 to July 8. As Malaysia continues to march towards its economic transformation agenda under the Madani economic framework, such international collaborations are seen as vital catalysts to countrywide progress.

The missions are more than just investment pitches; they represent Malaysia’s commitment to building a robust, inclusive economic future that leverages international partnerships. Through such strategic engagements, Malaysia is laying down a foundation that not only attracts foreign investments but also empowers local companies to flourish within the global economic landscape.