Former Finance Minister Tengku Razaleigh Hamzah today ticked off Minister of International Trade and Industry Mustapa Mohamed for not telling the truth about the underlying reasons for the unprecedented 81 percent plunge in foreign direct investment (FDI) last year.
On the sidelines of the 2010 Malaysian Student Leaders Summit today, Razaleigh told Malaysiakini that Mustapa was not telling the truth with all his beating around the bush (and) giving flimsy excuses.
Razaleigh was commenting on the minister's explanation that Malaysia attracted very little FDI relative to neighbouring economies because it is on a different level of the development scale and Malaysia is uninterested in attracting investments in low-end sector which are flooding other regional economies.
On the sidelines of the 2010 Malaysian Student Leaders Summit today, Razaleigh told Malaysiakini that Mustapa was not telling the truth with all his beating around the bush (and) giving flimsy excuses.
Razaleigh was commenting on the minister's explanation that Malaysia attracted very little FDI relative to neighbouring economies because it is on a different level of the development scale and Malaysia is uninterested in attracting investments in low-end sector which are flooding other regional economies.
No comments:
Post a Comment