Senior officials from the seven companies informed Prime Minister Anwar Ibrahim of this when they met him in Melbourne today.

The prime minister is on a four-day official visit to Australia. Among the potential new investment activities are green technology and new energy use, Tengku Zafrul said.

“God willing, the commitments of the eight companies (new investment and increased investment) are now in the final stages,” he said when met by the Malaysian media in Melbourne.

Anwar, who is also the finance minister, held a meeting with business figures and senior executives of 18 leading Australian companies in a roundtable discussion session today, in addition to holding one-on-one sessions to hear their views.

According to Tengku Zafrul, Anwar also met Lynas representatives, and any issues arising related to the rare earth producer were successfully resolved.

In the roundtable session, Tengku Zafrul said among the issues raised by the companies present was the process of simplifying investment and trade, the National Energy Transition Roadmap (NETR), and Malaysia’s role in global trade.