Anwar Looks to Reassure Investors on Canceled Malaysia Projects
- Decision to suspend or scrap projects was not aimed at China
- Anwar has deal to take over prime minister job from Mahathir
Anwar talks the trade war, canceled deals, Prime Minister Mahathir, and the 1MDB scancal.
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Anwar Ibrahim, who’s in line to become Malaysia’s next prime minister, sought to reassure foreign investors concerned about recent decisions to scrap several high-profile infrastructure projects in a bid to reduce debt.
Anwar said the government’s review is limited to specific “dubious” projects approved under the previous administration and shouldn’t be interpreted as a snub to China. He’s expected to replace 93-year-old Mahathir Mohamad as prime minister in a year or two.