Can Malaysian investors abroad help achieve 2025 developed status?

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Malaysian Investors Overseas Can Contribute to Achieving Developed Status by 2025

Malaysian investors and businessmen operating abroad have been urged to contribute to the nation's goal of achieving developed status by 2025. Prime Minister Tun Dr Mahathir Mohamad highlighted that these overseas businesses can play a significant role in enhancing Malaysia's economic development. This renewed target follows the earlier Vision 2020, with the updated aim now set for 2025.
Contribution to Economic Development

Tun Dr Mahathir Mohamad stated that Malaysian businesses functioning in various sectors globally represent a positive development for the country. He emphasized that such international engagement can directly aid Malaysia's economic progress, particularly through bilateral trade activities like exporting and importing goods with host nations.
Aspiration for Developed Status

The objective of Malaysia attaining developed nation status, initially envisioned for 2020, has been recalibrated to 2025. This revised timeline necessitates a concerted effort from all Malaysian businesspeople, both domestically and internationally, to significantly contribute to the nation's economic advancement.
Engagement with the Diaspora

During a dialogue session and dinner with the Malaysian diaspora in Hanoi, attended by approximately 200 individuals, primarily business people, Dr Mahathir articulated this call to action. The event also saw the presence of Foreign Minister Datuk Saifuddin Abdullah and Malaysian Ambassador to Vietnam Datuk Shariffah Norhana Syed Mustaffa.
Broader Investment Climate

Beyond the diaspora, Dr Mahathir also indicated an openness to foreign investment, specifically mentioning Arabs being welcome to invest in Malaysia, particularly in the real estate sector. He noted that Malaysia possesses distinct advantages, including freedom from natural disasters and internal conflicts, and a harmonious multi-ethnic society, which contribute to its appeal as an investment destination.

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Can Malaysian investors abroad help achieve 2025 developed status?

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