Malaysia and UAE Strengthen Economic Ties through Long-term Investments
Prime Minister’s Working Visit to the UAE
Kuala Lumpur: Datuk Seri Anwar Ibrahim, the Prime Minister of Malaysia, is currently on a three-day working visit to the United Arab Emirates (UAE) to strengthen economic ties and explore investment opportunities. The visit is aimed at fostering a strong partnership between Malaysia and the UAE, with a focus on long-term investments in key sectors.
Confidence in Malaysia’s Economic Growth
During his visit, Anwar highlighted the strong synergy between Malaysia and the Abu Dhabi Investment Authority (ADIA), reflecting confidence in the country’s potential for sustainable and competitive economic growth. In a post on X, Anwar wrote that ADIA is working together with other global investment partners to explore various investment opportunities available in Malaysia.
Long-term Investments Expected
According to Anwar, long-term investments are expected to be injected into the following sectors:
Healthcare
The healthcare sector is expected to receive significant investment, with opportunities available for private hospitals, medical tourism, and healthcare services.
Airport Operations
The airport operations sector is also expected to attract long-term investments, with potential for private airport management, maintenance, and services.
Energy
The energy sector is expected to be a key area of focus, with opportunities for renewable energy projects, energy storage, and energy efficiency solutions.
Meetings with UAE Officials
Anwar began the second day of his working visit by meeting with senior management officials from the UAE’s sovereign wealth fund ADIA, including Managing Director Sheikh Hamed Zayed Al Nahyan, Mubadala CEO Khaldoon Khalifa Al Mubarak, and state-owned renewable energy company Masdar CEO Mohamed Jameel Al Ramahi.
Conclusion
The working visit by Prime Minister Anwar to the UAE is a significant step towards strengthening economic ties between the two nations. The expected long-term investments in key sectors such as healthcare, airport operations, and energy will not only boost Malaysia’s economic growth but also create new opportunities for businesses and job creation.
Frequently Asked Questions
Q: What is the purpose of Prime Minister Anwar’s working visit to the UAE?
A: The purpose of the visit is to strengthen economic ties between Malaysia and the UAE, and to explore investment opportunities in key sectors.
Q: Which sectors are expected to attract long-term investments?
A: The healthcare, airport operations, and energy sectors are expected to attract long-term investments.
Q: Who did Prime Minister Anwar meet during his working visit?
A: Anwar met with senior management officials from the UAE’s sovereign wealth fund ADIA, including Managing Director Sheikh Hamed Zayed Al Nahyan, Mubadala CEO Khaldoon Khalifa Al Mubarak, and state-owned renewable energy company Masdar CEO Mohamed Jameel Al Ramahi.