PM Anwar Ibrahim Explores New Investment Opportunities with Saudi Arabian Public Investment Fund3

PM Anwar Ibrahim Explores New Investment Opportunities with Saudi Arabian Public Investment Fund

In a recent tweet posted on October 21, 2023, the official Twitter account of Malaysia’s Prime Minister (PM), Anwar Ibrahim (@anwaribrahim), announced a significant visit from the Governor of the Saudi Arabian Public Investment Fund (PIF), Nasir ALRumayyan, and his delegation. The purpose of the visit was to discuss and explore new avenues for collaboration and enhance investment opportunities in Malaysia.

During the meeting, Prime Minister Anwar Ibrahim and Governor Nasir ALRumayyan engaged in fruitful discussions with representatives from Petronas, Khazanah, Permodalan Nasional Berhad (PNB), and Kumpulan Wang Simpanan Pekerja (KWSP). The focus was on identifying potential investment prospects and strengthening partnerships between PIF and these prominent Malaysian entities.

Furthermore, the discussions delved into the development and commercialization of the halal certification sector and green energy initiatives. Both parties recognized the immense potential in these areas and expressed their commitment to further explore and capitalize on investment opportunities.

Prime Minister Anwar Ibrahim emphasized the importance of fostering strong economic ties between Malaysia and Saudi Arabia. He highlighted the mutual benefits that could arise from collaboration in various sectors, including investment, trade, and technology transfer.

The visit of Governor Nasir ALRumayyan and his delegation signifies the growing interest and confidence of Saudi Arabian investors in Malaysia’s economic potential. It also reflects Malaysia’s commitment to attracting foreign investments and promoting sustainable development.

As Prime Minister Anwar Ibrahim continues to strengthen diplomatic and economic relations with Saudi Arabia, Malaysia anticipates a promising future of increased investment opportunities and mutually beneficial partnerships. (*)