MALAYSIA - Lures investors

Prime Minister Abdullah Ahmad Badawi has been cleaning up after his predecessor. The result? An influx of big-spending foreign companies. At a construction site next to Malaysia's southern port of Tanjung Pelapas near Singapore, giant contract manufacturer Flextronics Intl. is spending $280 million on a 1.2 million-sq. ft. factory. This will include production lines relocated from China by the Singaporean concern.
Wasn't Malaysia supposed to get smoked by China as an investment destination? Earlier in the decade, that seemed a real possibility. Under the rule of strongman leader Mahathir Mohamad, Malaysia had a problematic image among foreign investors.

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