19 Japanese companies will help boost investment in Malaysia – Dr M

Tokyo: Prime Minister Tun Dr. Mahathir Mohamad said many parties have not recognised the fact that Pakatan Harapan (PH) taking over from the Barisan Nasional (BN) government in a peaceful and democratic way was an achievement.

He said, in such situation, most countries would have experienced violence But PH government instead have settled many debts from the previous government like helping Felda and Tabung Haji and much more.

“The government is willing to provide financial assistance despite being cash strapped as much of the money went to servicing loans,” he said as reported by Bernama .

Dr. Mahathir said that as a response to certain parties’ sceptical perceptions on PH government after one year taking over the government.

Dr. Mahathir concluded his three day working visit to Japan yesterday (Friday) by attending the Malaysia-Japan Business Dialogue jointly organised by the Malaysian Investment Development Authority and Japan External Trade Organisation.

The Prime Minister met with Japanese companies among others, Mitsubishi Corporation, Sumitomo Corporation, Sankyu, Mitsui & Co. Kawasaki Heavy Industries and NEC.

Meanwhile, Dr. Mahathir said, all 19 Japanese companies he met in a business dialogue on May 30, had expressed their support for the country and would campaign to get more Japanese companies to invest in Malaysia.

Earlier Dr. Mahathir also met his counterpart, Shinzo Abe where the Japanese premier gave assurance to help Malaysia rejuvenate its economy.

On Malaysia being the membership of the Trans-Pacific Partnership (TPP) that Abe raised, Dr, Mahathir said: “We have joined but have yet to ratify (TPP) as we are concerned about some domestic policies which may not be acceptable to TPP and Abe assured that exemptions can be made.”

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