'No impact on investment due to Bersih rallies'

The American Chamber of Commerce has not observed any stroke upon financier sentiment between its members, following a three Bersih rallies to date.

In fact, pronounced Wong Siew Hai Amcham, a administrator for a Malaysian American Electronics Industry (MEAI), a consult conducted upon MEAI members found which investments have grown last year.

"As distant as a consult formula show, I do not consider there is impact. If you demeanour during a interpretation presented, many companies have expanded," he told a media during a Invest Malaysia 2012 discussion in Kuala Lumpur.

As distant as a many brand new convene is concerned, investors are "watching from a sidelines" though are doubtful to scale behind investments.

"Some have even set up regional domicile here," he said.

The MEAI annual consult formula for 2011 expelled currently saw a poignant 34.1 percent expansion in design as well as expansion expenditure by a twenty-nine members.

This is upon a behind of a 9.1 percent export sales expansion during RM56.5 billion in 2011.

MEAI forecasts a serve 3 percent expansion this year.

Situation not extreme

Speaking toMalaysiakinion a sidelines, Wong pronounced investors would only expected lift behind investments if "the incident leads to airports being shut down, etc" as well as which Malaysia is distant from such a situation.

He, however, remarkable which this would impute to exist! ent inve stors as well as which a incident might not be a same for brand new investors.

Federal Territories as well as Urban Well-being Minister Raja Nong Chik Zainal Abidin(right)had reportedly pronounced which a Kuala Lumpur City Hall mislaid out onRM20 millionworth of investments when a South Korean company hold off investment following a Bersih 3.0 convene upon Apr 28.

International Trade as well as Industry Minister Mustapa Muhamad, after a brand new post-Bersih 3.0 discourse with attention players, however pronounced which investment has not let up given a demonstration.

But he cautioned which investors might be consider their positions if a demonstrations persist.

Amcham Singapore chapter deputy James Andrade said, meanwhile, which a chamber is encouraged by greater deregulation as well as focus upon human capital in Malaysia.

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