12-12-2023 (KUALA LUMPUR) Prime Minister Datuk Seri Anwar Ibrahim has urged relevant stakeholders to prioritize the need for a more innovative and investor-friendly investment landscape and ecosystem in the country.
In a Facebook post on Monday (Dec 11), he emphasized the importance of continuing efforts to accelerate national development in order to achieve the set goals.
Anwar also highlighted the significance of developing a comprehensive and suitable ecosystem for data centers, ensuring that such developments provide added value and remain competitive.
The 43rd National Physical Planning Council Meeting, chaired by Anwar on Monday, served as a platform for the Federal Government to engage with state governments on matters related to urban and rural planning, as well as the physical development of the country, in accordance with the Federal Constitution.
During the meeting, Anwar stressed the need to expedite the approval process for development projects in order to stimulate investment and enhance the ease of doing business in Malaysia.
He further emphasized that efficiency and speed in managing development approvals were more crucial to investors than financial incentives.
Investors are primarily interested in the availability of infrastructure and the presence of skilled human capital, enabling them to commence operations swiftly in accordance with their investments.
