PM Anwar tells US firms Malaysia welcomes their investments amid BlackRock storm

Prime Minister Datuk Seri Anwar Ibrahim speaks during a luncheon held by the American Malaysian Chamber of Commerce in Kuala Lumpur June 25, 2024. ― Picture by Sayuti ZainudinKUALA LUMPUR, June 25 — Prime Minister Datuk Seri Anwar Ibrahim today assured American companies that Malaysia continues to view the US as a crucial trading partner, amid growing domestic protest over BlackRock’s link in a planned takeover of Malaysian Airports Holding Berhad .

“So I chose the forum in Parliament to give the facts, to say we as a country have benefitted immensely from investments from overseas. And you know it that even when we get investments from Germany, the Netherlands and China but cumulatively, and I’ve said this before, the US is the largest investor in Malaysia.”

Malaysia has long been a vocal supporter of Palestinian statehood and has no diplomatic ties with Israel. Anwar himself has used international platforms to condemn the Netanyahu government and Washington, which he accused of enabling Israel’s war crimes against Palestinians, but the deal with GIP has drawn accusations of hypocrisy.

“ coming from Penang, we have seen phenomenal increase in terms of investment from the United States and the advantage through the transfer of technology and training,” Anwar said.

Source: News Formal (newsformal.com)

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