MALAYSIA has secured a total of RM63.02 billion in proposed investments in the United States (US) mainly from technology giants, Prime Minister Anwar Ibrahim said today.
Comment: Malaysia has secured (already in hand) a total of RM63.02 billion in proposed (this means there are just proposals) investments in the United States. We have secured proposals only...no investments yet.
Remember the 14 MOUs worth RM144 billion we signed with China back in 2016? Wonder what happened to those investments?
Total investment secured in 2023 has exceeded rm500 billion if we are to believe what has been reported by this madani govt.
The simplest way to monitor the progress of this ‘achievement’ is to monitor the value of our ringgit………….. if all the rm500 billion materialises, ringgit will strengthen to at least 4 to a USD and every Msian will be ‘richer’ again.
If ringgit doesn’t strengthen anytime soon, all these investment trips are as expected just a waste of Rakyats money……… money that could have been better spent on our hardcore poor.
A night at any of the 5 star hotels in the US, Europe, China for the delegation that usually accompanies the PM can feed an entire household…
Snakeskin oil salesman at his best
Fortunately , he is fooling no one !!
Emperor with no clothes !
What we truly require are Memorandums of Agreement (MOAs), not just Memorandums of Understanding (MOUs). This guarantees investments and job creation; otherwise, just syiok sendiri :)
Were the proposals written in english or malay as our gomen has directed to return all non malay documents.