Asean has ideal qualities for investment, Zafrul tells WCEC participants
Malaysia intends to strengthen regional centrality and neutrality so that more investments and trade will flow into the region, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz at the 17th World Chinese Entrepreneurs Convention (WCEC) on Tuesday (Sept 10).
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NewsTranscript
00:00When Malaysia takes on the ASEAN chair next year, the country will continue to emphasise
00:07peace, prosperity and security in the region for the sake of robust economic growth.
00:12Investment, Trade and Industry Minister, Tengku Datuk Sri Zafrul Abdul Aziz, said this at
00:18the 17th World Chinese Entrepreneurs' Convention on Tuesday.
00:23As the world continues to grapple with geopolitical, supply chain and climate-related complexities,
00:31it is extremely important to look for peace-loving partners.
00:37If you are looking for a China plus one partner, or any plus one partner, look no further than
00:45Malaysia.
00:46As a country that values peace to support global trade, Malaysia may be physically small,
00:53but we have a big enough voice and, most importantly, principles when it comes to taking a stand.
01:00Malaysia strongly intends to strengthen the region's neutrality so that more investments
01:08and trade will flow into this region.
01:11He said he is confident that with its growing prestige as a leading economy in the region,
01:16Malaysia has what it takes to engineer its second economic take-off.
01:21Associated Chinese Chambers of Commerce and Industry of Malaysia, or ACCCIM President
01:27Tan Sri Low Kian Chuan, said Malaysia remains in a sweet spot to reassert itself as a compelling
01:33alternative location for foreign direct investors looking for diversification and reconfiguration
01:39of supply chains.
01:40He said investors can look into high-growth and high-value industries, including semiconductor,
01:46artificial intelligence, electric vehicle, data center, green investment and halal food.
01:53Organized by ACCCIM, the convention saw the participation of more than 4,000 local and
02:00foreign delegates.
02:02The three-day event, which ends on Wednesday, is aimed at establishing an economic network
02:07linking Chinese entrepreneurs worldwide.