He said that besides its close proximity to Singapore, the state also has all the necessary elements to not only facilitate such foreign businesses but also allow them to settle here.
“Even if we look at the figures from Mida , we can see that the state managed to attract some RM60.9bil in foreign investments in the first six months of last year alone. Mohd Jafni was responding to reports that China’s ultra-rich had been flocking to South-East Asia, especially Singapore, since the Middle Kingdom reopened its borders.
“The fast lane concept was meant to cut red tape, ease applications and speed up approvals for investors to begin business here.
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