Malaysia Seeks FDI Boost in Talks with South Korean Chaebols

Malaysian Prime Minister Anwar Ibrahim met with leading South Korean business tycoons, known as "chaebols," on Tuesday to attract more foreign direct investment (FDI) into Malaysia.

These chaebols, large family-owned industrial conglomerates, have traditionally maintained close ties with the South Korean government. In his role as Finance Minister, Anwar held one-on-one discussions with major corporations such as Samsung Group, SK Nexilis, POSCO Group and Lotte International.

This move is part of Malaysia’s broader strategy to secure high-value, high-growth investments from South Korea. Anwar is currently in Seoul for a three-day official visit to strengthen bilateral ties ahead of the 65th anniversary of diplomatic relations in 2025.