Malaysia’s Economic Direction: No Second Casino Affirms PM Anwar

Malaysia’s Prime Minister, Datuk Seri Anwar Ibrahim, stands firm in his declaration: there will be no second casino in the country. Emphasizing a shift towards digital transformation, energy transition, and AI, Anwar asserts these sectors as pivotal for Malaysia’s advancement.

Anwar’s Confirmation at QEF

During the Qatar Economic Forum (QEF) 2024, Anwar reiterated Malaysia’s stance in a plenary session moderated by Haslinda Amin. His affirmation echoes the nation’s commitment to diversified economic avenues. This announcement comes amidst Anwar’s official visit to Qatar, extending from May 12th to May 14th, 2024, at the invitation of His Highness Sheikh Tamim Bin Hamad Al Thani.

Economic Prioritization

In his dual role as Prime Minister and Finance Minister, Anwar underscores the importance of sectors beyond gambling in fostering economic growth. Malaysia’s sole casino license, granted to Genting in 1969, remains unaccompanied by plans for further proliferation. Despite recent rumors regarding discussions on a second casino in Johor’s Forest City, Anwar maintains a steadfast denial.

Corporate Responses

Both Genting and Berjaya, implicated in the alleged discussions, have issued official rebuttals. Berjaya, in particular, threatens legal recourse against the spreading rumors. Anwar’s clarification aims to quell uncertainties surrounding Malaysia’s economic trajectory, emphasizing a strategic focus on emerging industries.

In essence, Malaysia under Anwar’s leadership is charting a course toward economic diversification, prioritizing innovation over traditional ventures like gambling. This resolute stance reflects a broader vision for sustainable and inclusive growth.

OarSmaN E.E.

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