Kuala lumpur: Sustained policy continuity under the MADANI framework is crucial to ensure ongoing reforms are fully implemented and translated into lasting economic gains, Housing and Local Government Minister Nga Kor Ming said. He emphasized that consistency in governance and reform direction is critical in maintaining investor confidence and ensuring Malaysia remains competitive, resilient, and well-positioned for future growth.
According to BERNAMA News Agency, Nga Kor Ming stated that a second-term mandate would provide the government with the stability and continuity needed to further deepen structural reforms, strengthen institutional capacity, and fully realize long-term economic transformation plans that are already underway. He shared these insights in a statement following a fireside chat organized by the Kuala Lumpur Business Club. The session, themed 'Future Cities, Future Growth: How MADANI Reforms Are Reshaping Malaysia's Urban Economy', brought together business leaders and stakeholders to discuss Malaysia's economic transformation and long-term development direction.
Nga highlighted that the MADANI government, led by Prime Minister Datuk Seri Anwar Ibrahim, has consistently delivered measurable progress through reforms in governance, economic management, and international engagement. He noted that these efforts have strengthened investor confidence, improved economic resilience, and elevated Malaysia's global standing.
Significant achievements mentioned by Nga include Malaysia's emergence as a preferred investment destination, supported by clear policies, strong fundamentals, and political stability, alongside a resilient trade performance amid global economic uncertainties. Additionally, improvements in Malaysia's Corruption Perceptions Index (CPI) ranking, stronger international credit ratings reflecting greater fiscal credibility, and proactive diplomatic engagement have opened new avenues for investment and cooperation.
Among these achievements are a RM52.73 billion strategic partnership with Turkmenistan and long-term energy collaboration initiatives with Russia. Nga concluded that these accomplishments reflect the results of consistent reforms, prudent economic management, and a foreign policy anchored on strategic partnerships and shared prosperity.