Malaysia’s market potential drives continued US investments — Ambassador
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The United States Ambassador to Malaysia, Edgard D Kagan, expressed confidence in the continued investments of American firms in Malaysia, citing the country's market potential and integration into global trade networks as key factors. He highlighted the enduring economic partnership between the US and Malaysia, emphasizing the significant investments and job opportunities generated by American companies in the region. Kagan also emphasized Malaysia's participation in the Indo-Pacific Economic Framework (IPEF) and its role in shaping international trade norms and standards. The IPEF includes 14 countries in the Indo-Pacific region and was set up under US President Joe Biden's administration to address long-term economic issues. Malaysia has seen additional flows of investment from American companies since the announcement of the IPEF. The US is the top investor in Malaysia, with over RM150 billion worth of foreign direct investments (FDIs) since 2021.



https://theedgemalaysia.com/node/706535