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PM wants speedy approval of development projects for Malaysia to attract investors

15 Aug 2024, 9:18 AM
PM wants speedy approval of development projects for Malaysia to attract investors

KUALA LUMPUR, Aug 15 — Prime Minister Datuk Seri Anwar Ibrahim has called for the speedy approvals of development projects by the Federal and state governments as well as local authorities, without compromising on regulations, to make Malaysia attractive to investors in the region.

Although the country recorded positive economic growth and had stepped up the approval of development projects, the Madani government will continue to improve the ease of doing business.

“Today, I chaired the 45th meeting of the National Physical Planning Council, an important discussion platform between the Federal and state governments in examining matters related to urban, rural, and national development and land use planning.

“InsyaAllah, the synergy between the Federal government and the state governments will continue to be strengthened to create a more holistic development planning landscape,” he said in a Facebook post today.

Anwar said the meeting also discussed control and management mechanisms for rare earth element mining activities, balancing economic returns, sustainability, and ensuring no disruption to forest reserves.

— Bernama

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