Dr M: ‘Restrictive’ policies to be amended to get Dyson to invest more

Dr M: ‘Restrictive’ policies to be amended to get Dyson to invest more

The prime minister says the British billionaire who invented the bagless vacuum cleaner is keen to bring new investments to Malaysia.

Prime Minister Dr Mahathir Mohamad met with Sir James Dyson during a visit to Imperial College London. (Bernama pic)
LONDON:
Sir James Dyson, billionaire British inventor of the bagless vacuum cleaner, has expressed interest in bringing new investments into Malaysia and enhancing the capability of Malaysian engineers, said Dr Mahathir Mohamad.

The prime minister said Dyson had already invested in Malaysia with his facilities located in Johor and hired a large number of engineers.

“If he (Dyson) continues his investment in Malaysia, we can reduce the number of unemployed who have studied up to PhD level,” Mahathir said after visiting Imperial College London on Monday.

At the prestigious science-based university, Mahathir met Dyson who showed an interest in bringing new investments into Malaysia.

The prime minister said the government would amend “restrictive” policies so that Dyson would be more keen to invest in Malaysia.

“We will persuade him (to continue investing),” he said.

On his visit to Imperial College London, Mahathir said he was attracted to the automotive field that the university was working on to improve the efficiency of the engine and its efforts in the development of electric vehicles.

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