NEW DELHI, Aug 22 – Malaysia has obtained potential trade worth RM8 billion in the palm oil and palm oil-based product, chemicals and chemical product, oil and gas, as well as aircraft spare part sectors, said Prime Minister Datuk Seri Anwar Ibrahim.
Anwar, who concluded his three-day official visit to India on Wednesday, said that during the visit, investment commitments totalling RM4.5 billion were secured from various sectors and companies in the South Asian nation.
The total trade between Malaysia and India amounted to RM72.31 billion in 2023.
Anwar said 168 investment projects valued at RM4.5 billion were implemented up to March 2024, which were expected to create 16,640 job opportunities.
“I am grateful to Indian Prime Minister Narendra Modi for inviting me for the official visit to India, which has been gratifying,” he told the Malaysian media at the end of his visit.
He also extended an invitation to the President of India Droupadi Murmu and Modi to visit Malaysia in order to increase the bilateral trade momentum between the two nations.
Asked on Malaysia’s application to join BRICS, Anwar said Modi agreed to support Malaysia’s decision to join the group.
