Monday, 18 Jan 2021
14/01/2021 07:36 PM

By Amirul Mohd Sajadi

KUALA LUMPUR, Jan 14 -- The One Belt One Road Chambers of Commerce (OBORCC) is confident that the government has the capacity to restore foreign and domestic investors’ confidence throughout the state of emergency in Malaysia that is expected to end on Aug 1.

Its president, Datuk Seri Tan Thian Lai sees Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah’s proclamation of the emergency on Jan 12 as the right step to curb the spread of COVID-19 in the country.

“We are confident that the COVID-19 vaccine as well as the implementation of the Movement Control Order (MCO 2.0) will be effective to break the COVID-19 chain as these are among the value-adds to make Malaysia a good investment prospect,” he told Bernama.

OBORCC hopes all parties whether industry players or politicians would work together to ensure Malaysia stays relevant as a business-friendly country and attract more foreign investors.

On Jan 11, Prime Minister Tan Sri Muhyiddin Yassin announced that MCO 2.0 will be implemented in Penang, Selangor, the Federal Territory (Kuala Lumpur, Putrajaya and Labuan),  Melaka, Johor and Sabah from Jan 13 until 26.

Conditional MCO was enforced in Pahang, Perak, Negeri Sembilan, Kedah, Terengganu and Kelantan while Recovery MCO was implemented in Perlis and  Sarawak for the same duration.

The measures were taken due to escalating COVID-19 cases that were crippling the healthcare system.

-- BERNAMA

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