PM Anwar: Indonesia important neighbour to Malaysia and should complement each other

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PM Anwar: Indonesia important neighbour to Malaysia and should complement each other
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KUALA LUMPUR, Aug 21 — Indonesia is an important neighbour to Malaysia, therefore both countries should be able to complement each other, said Prime Minister Datuk Seri Anwar...

KUALA LUMPUR, Aug 21 — Indonesia is an important neighbour to Malaysia, therefore both countries should be able to complement each other, said Prime Minister Datuk Seri Anwar Ibrahim.

“I think instead of being in a fierce competition, we should be able to complement each other, and that has been the ‘spirit’ of my conversation with Indonesia’s President Joko Widodo and followed through by the industries,” he said during an exclusive interview withAnchor Martin Soong asked Anwar whether Malaysia would compete with Indonesia to build its supply chain for batteries, from mining to assembly, amid Tesla’s investment interest.

“The understanding is, of course, to buy our batteries. They are cheaper and are produced locally, and advantage, that is what they said. Why should they bring batteries from all over the world? Meanwhile, Anwar said it is not something new for foreign investors to hold 100 per cent equity shareholdings in Malaysia.

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