The Belt and Road Initiative in ASEAN - Malaysia
HKUST IEMS Reports No. 2021-09
The study aims to provide insights into the political, institutional, and environmental factors that affect the design and implementation of Belt and Road Initiative (BRI) projects in Malaysia, the potential for BRI investments to spur private investment and other foreign direct investment (FDI) opportunities, and any potential role for the Hong Kong SAR.
The new Malaysian government of the Perikatan Nasional (PN), led by Prime Minister Muhyiddin Yassin that supplanted the Pakatan Harapan led by PM Dr. Mahathir remains supportive of China’s BRI and Malaysia – China relations remain strong. Malaysia welcomes investments that contribute to its Industry 4.0 plan, which aims to transform its agricultural and manufacturing sectors through automation and bring new environmental technologies.
UOB Hong Kong collaborated with the Institute (Albert Park, Angela Tritto, and Dini Sejko) from 2018 to 2020 to conduct a research project titled “the Belt and Road Initiative in ASEAN”. It covers six emerging markets in ASEAN, including Indonesia, Malaysia, Myanmar, the Philippines, Thailand and Vietnam. It aims to provide insights into the political, institutional, and environmental factors that affect the success of the Belt and Road Initiative projects in these markets and the potential for foreign direct investment opportunities.
Find out more about The Belt and Road Initiative in ASEAN - Malaysia here.