All Malaysia-China MOUs will be scrutinised, says Tengku Zafrul | The Malaysian Insight

All Malaysia-China MOUs will be scrutinised, says Tengku Zafrul

Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz says the MOUs signed between Malaysian and Chinese companies are business-to-business transactions and, therefore, a comprehensive evaluation must be undertaken. – Facebook pic, May 24, 2023.

He said the Investment, Trade and Industry Ministry would analyse the financial strength of the local companies involved with the MOUs. Tengku Zafrul said this in response to the claim by Titiwangsa MP Johari Abdul Ghani, who said there were several Malaysian companies, out of the 19 that signed the MOUs with firms in China during Prime Minister Anwar Ibrahim’s visit to the republic recently, did not have a track record.

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