FMM, ACCCIM pledge to work with new govt to boost economy

PETALING JAYA: Two major industry bodies, the Federation of Malaysian Manufacturers (FMM) and the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), have expressed their desire to work hand in hand with the new Pakatan Harapan government to come up with policies that both strengthen the economy and promote ease of doing business.
In congratulating Tun Mahathir Mohamad on becoming the seventh prime minister of Malaysia, ACCCIM said it looks forward to providing views and recommendations on economic policies to the new government through consultations and interaction sessions.
“In particular, the ACCCIM is keen to work alongside the new government in creating a business friendly environment, reducing the cost of doing business as well as encouraging more foreign direct investment in order to further enhance national economic development,” it said in a statement.
ACCCIM said it is confident that the new government will formulate more policies that are open, equal and fair to all rakyat and that it is committed to working closely with the government to strive for national unity and harmony, and mutual cooperation for the development and advancement of the country.
FMM, in pledging its continued cooperation with the government, expressed its hope that there will be a closer relationship between the public and private sectors to reduce regulatory burdens so that Malaysian industries can be more competitive in the global market.
“FMM welcomes new initiatives to strengthen the governance and economy of our country. We pledge our support to work closely with the new government for a better and more prosperous Malaysia,” it said in its statement.