Why did PM Anwar suggest Kemaman over Johor for Aramco?

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Prime Minister Anwar Ibrahim Directed Saudi Aramco Investment Towards Kemaman, Terengganu

Prime Minister Datuk Seri Anwar Ibrahim has indicated that Saudi Aramco should consider Kemaman, Terengganu, for its investment activities in the region, diverging from the company's initial preference for Johor as a Southeast Asian hub. This directive was communicated to Saudi Aramco chairman Yasir O. Al-Rumayyan, who had previously identified Johor as the preferred location for the company's expansion. Malaysia has subsequently been designated as Saudi Arabia's largest investment hub in Southeast Asia, a development attributed by the Prime Minister to the current government's stability and the cooperation among its coalition partners.
Initial Preference for Johor

Saudi Aramco chairman Yasir O. Al-Rumayyan had initially conveyed the company's intention to establish its Southeast Asian expansion hub in Johor. This preference was communicated directly to Prime Minister Anwar Ibrahim, suggesting a pre-existing strategic consideration by Saudi Aramco towards Johor for its regional operations.
Prime Minister's Directive to Kemaman

During a discussion, Prime Minister Anwar Ibrahim explicitly asked Saudi Aramco chairman Yasir O. Al-Rumayyan to direct the company's investments to Kemaman instead of Johor. This intervention signifies a clear governmental preference for Terengganu as the site for this significant foreign investment.
Malaysia Designated as Saudi Arabia's Largest Investment Hub

Following discussions, Saudi Arabia has agreed to make Malaysia its largest investment hub in Southeast Asia. This broader commitment was conveyed to the Prime Minister, underscoring the significant scale of potential Saudi investment within the country.
Government Stability as a Factor

Prime Minister Anwar Ibrahim attributed the successful securing of Malaysia as Saudi Arabia's largest investment hub not to his personal efforts, but to the prevailing stability of the current government. He highlighted the cooperation between Pakatan Harapan, Barisan Nasional, and the parties from Sabah and Sarawak as a key factor in fostering investor confidence.

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Why did PM Anwar suggest Kemaman over Johor for Aramco?

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