Malaysia-China two-way foreign investment promotion underway - Tengku Zafrul

The Malaysian government and an “important” Chinese institution are in an advanced stage of negotiations to set up a two-way foreign investment promotion, said Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz.

He said the aim is to cement a cooperative agreement focused on investment promotion enhancement to bolster investment flows, encouraging Chinese firms to explore opportunities in Malaysia while similarly facilitating Malaysian enterprises to expand into China.