This will encourage greater cross-border investment, especially with China and the Middle East
Malaysia, as ASEAN chair in 2025, is set to strengthen the region as a centre for investment, trade and industry, with a focus on strengthening the resilience of global supply chains. Malaysia's Minister of Investment, Trade, and Industry Zafrul Abdul Aziz emphasised the importance of attracting the right investments to Southeast Asia during his address at the fifth Global Partnership Chairs Summit in Kuala Lumpur.
The country is looking to increase investment in manufacturing, especially in electric vehicles, semiconductors and the digital economy. It should also boost cross-border investment, especially with China and the Middle East, according to Vietnam News Agency, a partner of TV BRICS.
As chair of ASEAN, Malaysia will promote policies to enhance affordability and inclusive participation in the economy. Its strategy will focus on four key areas: increasing intra-regional trade, creating a sustainable future, strengthening economic integration and building the region's digital resilience.
Photo: iStock
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Joao Paulo CapobiancoBrazilian Minister of the Environment and Climate Change"The BRICS countries have a very high level of responsibility because they share an important part of the world's biodiversity, landscapes, populations, food production and water resources. So, we have an opportunity to lead by example. We have our development bank, which can demonstrate and develop new ways of financing programmes. We can reduce the risks for private capital to invest in restoration and efforts to combat desertification" -
![Dilma Rousseff]()
Dilma RousseffPresident of the New Development Bank"India’s BRICS Presidency this year gives special significance to our discussion. NDB stands ready to be a trusted partner in turning commitments on sustainability, clean energy, smart and resilient infrastructure into concrete results on the ground. […] For NDB, mobilising private capital is a strategic imperative. Created by the BRICS founding members, NDB is a bank of the Global South, for the Global South, mandated to mobilise resources for infrastructure and sustainable development" -
![Sihasak Phuangketkeow]()
Sihasak PhuangketkeowDeputy Prime Minister and Minister of Foreign Affairs of Thailand"BRICS can play a very important role in maintaining the free flow of trade and investment. The group can also be a vehicle for all of us to engage and to look at economic opportunities"
