“There are several other housing projects in Shah Alam being planned for this purpose. Besides Shah Alam, other locations are also being considered, including Hulu Langat, Selayang, and Ampang,” he said.

In conjunction with Ramadan, a total of 18 LZS branches statewide will be open seven days a week during Ramadan, including Saturdays, Sundays and public holidays, he said.

"Seri Paduka juga mendoakan agar dengan pelaksanaan pelan induk tersebut, Malaysia kekal berdaya saing dan berdaya maju selain meletakkan negara sebagai kuasa ekonomi serantau," menurut Istana Negara.

Tengku Zafrul said the investments are a vote of confidence in Malaysia’s economy and its offerings to investors, including a government that supports and develops pro-business policies and continuously enhances the ease of doing business in Malaysia.

MoU itu dijangka dapat meningkatkan lagi kerjasama ekonomi dan perdagangan antara Guangxi dan Malaysia.