Samenta president William Ng says better connectivity and the availability of basic utilities, among others, are vital to attract investments.
Former prime minister Dr Mahathir Mohamad has advised Perikatan Nasional leaders to adopt a more “business-friendly” approach to attract investments.
“The states need strong infrastructure to attract investors, in terms of connectivity, availability of basic utilities like energy and water, a strong SME network to support all businesses, and consistency and transparency in policies,” Ng told FMT. Meanwhile, Universiti Kebangsaan Malaysia economist Lai Wei Sieng said adopting a business-friendly approach would also create job opportunities and enhance overall economic activity.
Previously, tourism, arts and culture minister Tiong King Sing said tourists in Langkawi had complained to the ministry about harassment by government officials in relation to the dress code and alcohol consumption. Chin added that natural disasters, such as seasonal flooding at year-end, could also create uncertainty among potential investors about establishing businesses, especially in the east coast states.
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