
The Star (13 September 2018)
Malaysia has no intention of abandoning China's Belt and Road Initiative (BRI) and will continue to forge a closer relationship with the world's second largest economy.
Deputy Minister of International Trade and Industry Ong Kian Ming said the new government's approach had been misunderstood following the recent decision to cancel China-Malaysia related projects.
Responding to a question from the Chinese media on rumours of Malaysia quitting the initiative, he said: “As such, an important reason for my visit is to reassure China that Malaysia welcomed its investments. What I am emphasising is also that the postponement of a number of large scale projects was due to the need to safeguard Malaysia's financial position and not because we doubt investors from any country, including China.”
Ong said the BRI will open up more opportunities for investors, especially from Malaysia.
image: https://content.thestar.com.my/smg/settag/name=lotame/tags=all
The BRI was launched in 2013 and encompasses various initiatives, while connecting 65 countries through sea, air, land and rail links.
"When the Chinese invest in Johor, we can link them with companies in Singapore. In Penang, we have a strong presence in the electrical and electronics (E and E) industry that they can tap," One said.
He said the interest of Chinese companies towards Malaysia remained strong, with 10 of them having shown an interest in investing in the Malaysia-China Kuantan Industrial Park (MCKIP).
Ong said he hoped to come up with a better understanding and plan to improve the relationship with China from his visit to Nanning, in conjunction with the 15th China ASEAN Expo (CAEXPO) 2018.
Additionally, he also expects tremendous interest from the Chinese E and E sector, as well as those related to the Fourth Industrial Revolution, towards investing in Malaysia.
"Many of the Chinese factories in the manufacturing industry are already very advanced .When they build a new plant in Malaysia, I think it would be of a new generation with automation and that will increase productivity as well as profitability.
He said the E and E sector contributed the largest export to China, with the bulk coming from Malaysia, and products then re-exported to the United States.
https://www.thestar.com.my/business/business-news/2018/09/12/malaysia-says-no-intention-to-abandon-china-bri/#tUYkdZSMYbTgSkVK.99
No comments yet.
- ARMENIAN DEPUTY FM TO VISIT CHINA The Caucasus and Turkish-Armenian Relations 13.09.2018
- WASHINGTON TIMES: PEACE WITH AZERBAIJAN IS PRECONDITION FOR DEMOCRATIZATION IN ARMENIA The Caucasus and Turkish-Armenian Relations 13.09.2018
- KOREAS TO DISCUSS DENUCLEARIZATION, PEACE REGIME IN NEXT WEEK'S SUMMIT: VICE MINISTER Asia - Pacific 13.09.2018
-
EU COURT DEMANDS 'EQUAL TREATMENT' FOR CHURCH WORKERS Europe - EU 13.09.2018
- PLOTTING CONSERVATIVES REJECT THERESA MAY'S BREXIT PLAN Europe - EU 13.09.2018
-
THE ARMENIAN QUESTION - BASIC KNOWLEDGE AND DOCUMENTATION -
THE TRUTH WILL OUT -
RADİKAL ERMENİ UNSURLARCA GERÇEKLEŞTİRİLEN MEZALİMLER VE VANDALİZM -
PATRIOTISM PERVERTED -
MEN ARE LIKE THAT -
BAKÜ-TİFLİS-CEYHAN BORU HATTININ YAŞANAN TARİHİ -
INTERNATIONAL SCHOLARS ON THE EVENTS OF 1915 -
FAKE PHOTOS AND THE ARMENIAN PROPAGANDA -
ERMENİ PROPAGANDASI VE SAHTE RESİMLER -
A Letter From Japan - Strategically Mum: The Silence of the Armenians -
Japonya'dan Bir Mektup - Stratejik Suskunluk: Ermenilerin Sessizliği -
Anastas Mikoyan: Confessions of an Armenian Bolshevik -
Sovyet Sonrası Ukrayna’da Devlet, Toplum ve Siyaset - Değişen Dinamikler, Dönüşen Kimlikler -
Ermeni Sorunuyla İlgili İngiliz Belgeleri (1912-1923) - British Documents on Armenian Question (1912-1923) -
Turkish-Russian Academics: A Historical Study on the Caucasus -
Gürcistan'daki Müslüman Topluluklar: Azınlık Hakları, Kimlik, Siyaset -
Armenian Diaspora: Diaspora, State and the Imagination of the Republic of Armenia -
ERMENİ SORUNU - TEMEL BİLGİ VE BELGELER (2. BASKI)
-
CONFERENCE TITLED “HUNGARY’S PERSPECTIVES ON THE TURKIC WORLD"