‘Fast track approvals for Chinese firms’

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Datuk Seri Dr Ahmad Zahid Hamidi

New cars are packed with sensors and cameras these days, and among the newest locations for one is inside the rearview mirror, pointed backward towards the driver and passengers.

SHANGHAI: Expedite and accelerate all approvals for Chinese firms intending to do business in Malaysia, Datuk Seri Dr Ahmad Zahid Hamidi tells government agencies.

“I also call on local government bodies and local authorities to expedite approvals for Chinese businesses looking to expand their activities here, given their strong confidence in our country’s political stability, favourable investment climate and efficient tax regime. During the same year, 64 manufacturing projects with investments totalling RM12bil were approved, and they are expected to create 9,305 jobs.

The visit is part of the exchange of high-level visits lined up to commemorate 50 years of Malaysia-China diplomatic relations, which were first started in May 31, 1974.

 

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