BN win in Mahkota key to ensuring continued investor confidence - Teo

MAHKOTA BY-ELECTION | BN candidate Syed Hussien Syed Abdullah, who is representing the coalition government in the Mahkota by-election, must secure victory to send a clear message to investors about the nation’s political stability, said DAP women’s wing chief Teo Nie Ching.

She said Malaysia’s economy is on the right track and the government is keen to attract more investors, which will ultimately bring greater economic growth.

“We are seeing the ringgit strengthen, and more investors are recognising Malaysia’s potential, showing interest in investing here. Therefore, political stability is crucial for them.

“If we don’t win, it could send a signal to foreign investors that Malaysia’s political landscape is no longer stable... This is their concern, as changes in government often lead to shifts in policies,” she told reporters after attending a ceramah involving coalition government parties in Kluang yesterday.

Earlier, while addressing the local Chinese community, Teo (above) said DAP’s support for the BN candidate from UMNO is a gesture of gratitude for UMNO’s efforts in helping DAP candidate Pang Sock Tao secure victory in the Kuala Kubu Baharu by-election in May.

Teo, who is also DAP national publicity secretary, recalled how the Umno campaign machinery worked tirelessly alongside DAP during the election campaign to ensure the state seat was retained.

“To show our appreciation, we are working together now to help ensure the BN candidate wins with a strong majority in Mahkota. This would demonstrate that we have a stable political climate and that the unity government is capable of lasting for the next five or 10 years.

“We also aim to send a clear message to Perikatan Nasional to stop engaging in divisive, racial politics as we have shown that we can collaborate effectively,” she said.

The deputy communications minister expressed confidence that Syed Hussien is well-positioned to represent the diverse communities in the Mahkota constituency and is capable of implementing both state and federal policies effectively.

Polling day on Sept 28 will see a straight fight between Syed Hussien and PN’s Mohamad Haizan Jaafar.

The by-election is being held following the death of the incumbent, Sharifah Azizah Syed Zain, 63, on Aug 2.

- Bernama

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