ABU DHABI: Prime Minister Datuk Seri Anwar Ibrahim's working visit to the United Arab Emirates on Thursday and Friday only lasted about 36 hours, but that short period led to great benefits for the country, especially in terms of foreign investment.
Among them was the signing of a memorandum of understanding between the Malaysian Investment Development Authority and Abu Dhabi Future Energy Company PJSC-Masdar for renewable energy projects in Malaysia with a capacity of up to 10 gigawatts worth US$8bil . "I want to prove a point: now things are much better and it is easy to do business due to clear determination and effective leadership as we want to make sure things function effectively," he said during a roundtable meeting with UAE captains of industry.
The UAE media said the good ties between the two countries are due to the close personal relationship between Yang di-Pertuan Agong Al-Sultan Abdullah Ri'ayatuddin Al-Mustafa Billah Shah and Sheikh Mohamed, who have cultivated a profound bond since their military training days at the prestigious Royal Military Academy Sandhurst in the United Kingdom during the late 1970s.