ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Malaysia in transition

Malaysia warns foreign contractors as Chinese deals draw scrutiny

Mahathir adviser welcomes foreign investment but hits out at inflated bids

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more