Anwar-Musk meeting will have a huge spillover effect in boosting Malaysia's EV ambitions - economist - paultan.org

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A fruitful discussion between prime minister Datuk Seri Anwar Ibrahim and Tesla CEO Elon Musk, slated to take place later this week, could lead to further commitments that will have a positive effect on the local EV industry, says an economist.

is expected to provide a huge boost to Malaysia as it strives to become an electric vehicle hub in the region, said an economist., Sunway University economics professor Yeah Kim Leng said that a fruitful discussion between Anwar and Musk, slated to take place later this week, could lead to a chain reaction of further commitments that will benefit the Malaysian economy in general.

He added that the meeting will have positive implications, as it affirms the government’s economic direction to pursue high impact, high value foreign direct investment and clean energy. “Malaysia’s FDI numbers will continue to edge up should the meeting result in Musk or any of his numerous frontier projects finding a footing in the country,” he said.

“We are thrilled about the possibilities that lie ahead from the meeting. The possibility of Tesla increasing further investments in Malaysia will contribute to our nation’s economic growth and enable the development of a sustainable and environmentally friendly mobility ecosystem,” he said.

 

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Anwar-Musk meeting will have spillover effect on Malaysia's EV journey, says economistKUALA LUMPUR: The meeting between Tesla Inc founder and chief executive officer Elon Musk and Prime Minister Datuk Seri Anwar Ibrahim would prompt a chain reaction on the nation’s journey towards becoming an electric vehicle (EV) hub in the region, says an economist.
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