Economists caution on risks amid Infineon and Enovix investments in Malaysia
Infineon and Enovix Corp’s almost RM36 billion investments in Malaysia will boost the economy, creating jobs, and raise Malaysia’s profile as a regional partner.
Tradeview Capital Sdn Bhd vice president Tan Cheng Wen says the investments by established global players are a huge endorsement and underscores Malaysia’s status as a reliable partner in the region.
Economist Dr Geoffrey Williams says however that uncertainties and potential risks related to regulatory factors and environmental impact should not be overlooked.
He says these announcements are subject to changes and uncertainties and therefore should be carefully scrutinised for its benefits to the Malaysian public.
For example, there are concerns over the increased demand on resources like electricity and water that could raise costs.
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