TOKYO, Dec 13 — Prime Minister Datuk Seri Najib Tun Razak said today Malaysia will continue to implement investment-friendly policies and provide a conducive investment climate.
In this regard, he urged Japanese investors to explore investment opportunities in diverse sectors in Malaysia.
He outlined possible investment areas in the growing halal industry, the Greater Kuala Lumpur development and the economic corridors of the northern region and in Sabah.
Najib was delivering his keynote address at the official opening of the 32nd Conference of the Malaysia-Japan Economic Association (Majeca) and the Japan-Malaysia Economic Association (Jameca) joint conference at the Imperial Hotel here.
The prime minister said: “I invite you to be a partner in our transformation programmes as we look to join ranks with the developed nations by the end of this decade.”
Najib arrived here yesterday morning on a four-day working visit. Topping his tight schedule here is the 40th Asean-Japan Commemorative Summit.
The prime minister said Japan has been Malaysia's largest foreign direct investor since the 1980's.
Last year, approved investments in the manufacturing sector alone totalled US$1 billion (RM3.2 billion), said Najib, who is also the Finance Minister.
He said Japanese companies have made a strong contribution to Malaysia's infrastructure development especially in the automotive sector, renewable energy, green and biotechnology industries.
“These are exciting times for our nations as we work to transform our economies. In Malaysia, our transformation is underpinned by the New Economic Model.
“In Japan, Abenomics is providing the necessary impetus for change,” he added. — Bernama
