Anwar said Malaysia’s conducive investment environment is due to its current stability and strength under his leadership, Bernama reported.

“With political stability in place, we can now focus on good governance, and there’s clarity in policies – a clear plan and priority,” he was quoted as saying at the Invest Asean Conference in Melbourne today.

Anwar said the government recognised the necessity of expediting priorities to drive economic growth, citing digital transformation as an example.

“We are committed to doing whatever is necessary to ensure that this happens,” he said.

Anwar also said the government’s role was not only to facilitate, but also accelerate the process while maintaining a clear understanding of priorities.

“I think the problem with governments is that sometimes we think we know everything,” he said.

“That’s why I mentioned to my colleagues in the Cabinet that even if we have established clear policies, like the energy transition, we still have to continually think about the future.”

On sovereign wealth funds, Anwar said while these are technically under government oversight, the business decisions made by the likes of Khazanah Nasional and Petronas are based solely on business considerations.