CHINA INVESTMENT IN MALAYSIA

  The China investment is huge. The investments come with special terms to the advantage of China. I wonder why Malaysia willingly chose China. Is there hidden terms to the benefits of selected groups.

   The quoted figures of China investments are:

1. Forest City  RM105b

2. Melaka Gateway RM30b

3. Bandar Malaysia  RM12b.

4. EDRA Power    RM9. 8b

5. Kuantan Port 5b

6. MCKIP         5b

7. Bandar Q1    1. 1b

8. Bukit Besi    2b

9. Kedah Oil 86b

10. ECRL   55b

11. Perlis Inland Port1.7b

Total 3.2.6 b

MALAYSIAN POSITION IS SLIDING

 Based on the IMF GDP data for 2020, Malaysia’s economy is now ranked 6th in ASEAN. A notable achievement by the Mahiaddin administration. Ten years ago, Malaysia was 3rd largest economy in ASEAN. Philippines and Singapore overtook Malaysia in 2015 when Najib Razak was the Prime Mininster and Finance Minister focussed on wealth creation. Now, Malaysia's economy is smaller than that of Vietnam. 

2020 IMF GDP data:

1.Indonesia  $1,059.54b

2.Thailand       $510.89b

3.Philippines   $362.24b

4.Vietnam       $340.82b

5.Singapore    $339,98b

6.Malaysia      $338.28b

7.Myanmar       $81.26b

8.Cambodia      $25.95b

9.Lao                 $19.08b

10.  Brunei            $12.02b 

The economy ranking continues to fall despite of Malaysia having so many ministers overlooking and promoting economy, development and productivity; namely, (1) Senior Minister for Finance and Economy, also the Minister of International Trade and Industry, (2) Minister of Finance, (3) Minister of Domestic Trade and Consumer Affairs, (4) Minister of Agriculture and Food Industries, (5) Minister of Plantation Industries and Commodities, (6) Minister of Energy and Natural Resources, (7) Minister of Entrepreneurship Development and Cooperative, (8) Minister of Rural Development and (9) Minister in the Prime Minister Office (Economic Affairs). 

Creating job positions and rent-seekers are the Malaysian government’s priorities, not productivity. Democracy with Malaysian characteristics is doomed. 

Source: 

https://www.agribank.com.vn/en/ve-agribank/tin-tuc/dtl?current=true&urile=wcm:path:/agbanken/ve-agribank/news/market-news/imf-vietnam-surpasses-singapore-and-malaysia-to-become-the-4th-largest-economy-in-southeast-asia 

https://www.statista.com/statistics/796245/gdp-of-the-asean-countries/