KUALA LUMPUR -- Malaysia welcomes foreign direct investment but wants no part of lopsided contracts that bring no transfers of technology, a top adviser to Prime Minister Mahathir Mohamad said as China-led infrastructure projects come under scrutiny.
In an interview with the Nikkei Asian Review, Daim Zainuddin said FDI had propelled Malaysia's transformation from an agricultural economy into a manufacturing- and export-oriented country since the 1980s.