Malaysia needs to get smarter about foreign investment

Government should pursue high-end projects to boost upgrading of economy

20230426 Malaysia Proton robot factory

A robotic assembly line for Proton cars in Tanjung Malim, Malaysia in 2019: The government needs to put more focus on targeting high value-added manufacturing. © Reuters

Guanie Lim is an assistant professor of Southeast Asia studies at the National Graduate Institute for Policy Studies in Tokyo. Aaron Pek is a former fund manager and the editor of Value Investing Substack.

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