Australia sees further growth in trade, investments in Malaysia

KUALA LUMPUR: Australia expects the bilateral trade and investments in Malaysia to increase further from the current A$30 billion, as reforms put in place by the new government will continue to make the country an attractive investment destination, said Australian High Commissioner to Malaysia, Andrew Goledzinowski.

“The new Malaysia under Pakatan Harapan, particularly the Malaysia that is being developed through the reforms which is being brought forward under the advice of the Council of Eminent Persons (CEP) will make Malaysia an attractive investment destination,” he said.

He told reporters this after a meeting with the CEP chaired by former Finance Minister Tun Daim Zainuddin at Menara Ilham yesterday.

Alongside Goledzinowski, seven other eminent persons from Australia also attended the meeting, namely former Secretary of Finance Jane Halton, former chairman of Productivity Commission Garry Banks, former Australian Public Service Commissioner Lynelle Briggs, first Secretary Damian Hickey and education experts Bruce Chapman, Wendy Jarvie and Mike Gallagher.

Goledzinowski said among the issues covered during the 90-minute meeting were education, health and finance matters.

“Instead of discussing specific issues, we also have a dialogue on institutional reforms, which is an important aspect to ensure a transparent government.