He says such a division has been requested by both Chinese and local investors, and that the prime minister has been briefed on the matter.
KUALA LUMPUR: Daim Zainuddin says a special division should be established to facilitate investments from China as well as domestic sources for the East Coast Rail Link project.
“If it is formed, when Chinese investors come here and we arrange for meetings and assist them until they get approval , they will be able to see that things are moving fast. We will gain their trust,” he told Bernama. As for local investors, Daim advised them to be ready for spillover effects as the project workers would need services such as accommodation and food.“If the locals are smart and take advantage of this , they can help improve spending and generate revenue. This is one way to boost gross domestic product growth,” he said.
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