Investment mission to US generated RM8.33 billion, says Tengku Zafrul

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18 Nov 2023 • 12:59 PM MYT
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Investment mission to US generated RM8.33 billion, says Tengku Zafrul

THE trade and investment mission to the US organised before the start of the Asia-Pacific Economic Cooperation (Apec) summit has successfully generated at least RM8.33 billion cumulatively, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

In a press conference with Malaysian media in San Francisco today, he said the companies included Abbott Laboratories, Mondelez International, Amsted Rail, Hematogenix, PerkinElmer, Ford Motor Company, Boeing, Amazon Web Services, Enovix, and Lam Research.

“Besides the investment mission, the Investment, Trade and Industry Ministry (Miti) has also organised meetings between Prime Minister Datuk Seri Anwar Ibrahim and US technology giants such as Google, Enovix Corporation, Microsoft, TikTok, as well as TPG," he said.

Commenting on his participation in the 34th Apec Ministerial Meeting, Tengku Zafrul said the emphasis was on economic integration through strengthening cooperation among Apec members, particularly in the economic sector.

Focus was also given to interests to ensure regional stability and encouraging all Apec economies to double their efforts to realise Putrajaya Vision 2040 amid the current geopolitics and geoeconomics.

“Most importantly, our presence and the (presence of the) respective consulting teams here are to ensure that Malaysia’s interest under the international platforms are assured,” he added. – Bernama, November 18, 2023