'US investors keen on Malaysia despite Gaza war views' - MIDA | Malaysian Investment Development Authority
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‘US investors keen on Malaysia despite Gaza war views’

‘US investors keen on Malaysia despite Gaza war views’

08 Sep 2024

United States ambassador to Malaysia Edgard D. Kagan said American investors view Malaysia as an attractive investment destination despite the two governments’ differing views on the Gaza conflict.

He said the crisis should not overshadow the countries’ strong relationship, which dates back 67 years.

“We understand Malaysians feel very strongly about the Gaza conflict, and are disappointed or unhappy with the US.

“My view is that Malaysians are disappointed and unhappy with what the US is or is not doing in Gaza, but that there is still a lot that we agree on,” he said in an exclusive interview with the New Straits Times.

Kagan said Boeing’s investment in its first manufacturing plant in Bukit Kayu Hitam here is a significant milestone in the US-Malaysia economic relationship.

“Boeing’s decision was driven by its appreciation for workforce quality and ability to do well in Malaysia.

“They’ve expanded production at this facility and moved up the value chain.

“To me, the significance of this is a sign that a world-class company is choosing to significantly increase its footprint in Malaysia.”

Kagan hoped to see more US aviation players follow Boeing’s move.

“I think one of the best things you can do to attract companies is to show that the companies that are here are doing well, that they’re happy, that they feel
that they have outstanding talent.

“I think that seeing that Boeing has decided that Malaysia is a good place to bet for the long term and to invest for the long term, that will make it easier to attract other companies.”

Kagan hoped the US-brokered ceasefire in Gaza, with the assistance of Qatar and Egypt, would bear fruit soon.

Source: NST

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