Malaysia aims to rake in $100b investments for semiconductor industry

Malaysia aims to rake in $100b investments for semiconductor industry

FILE PHOTO: Malaysian Prime Minister Anwar Ibrahim speaks during an exchange of notes after his meeting with Ethiopian Prime Minister Abiy Ahmed at Putrajaya, Malaysia October 26, 2024. REUTERS/Hasnoor Hussain/Pool/File Photo

Malaysia wants to leverage its location to become an energy and chip manufacturing hub this year, riding a recent jump in investments and a favourable outlook for the domestic economy, its premier and economic minister said on Thursday.