“In addition to public infrastructure and roads, MBSA is also actively upgrading the traffic flow system and boosting its landscaping programme,” he said.

Over the years, Kaiserkorp Group has strengthened its foothold in the bedding industry, with presence in almost 80 countries through 24 international licensees, and achieved impressive revenue and profit compound annual growth rates of 30% and 19%, respectively, between 2018 and 2022.

"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.