THE government is exploring the proposal to establish an International Commercial Court in Malaysia, said Law and Institutional Reform Minister Datuk Seri Azalina Othman Said.
In a Facebook post, Azalina said that the proposal was discussed during her meeting with the Chief Justice of Malaysia, Tun Tengku Maimun Tuan Mat, and representatives of the judiciary at the Palace of Justice yesterday (Dec 20).
She stated that this initiative aims to make Malaysia one of the preferred destinations in the region for the resolution of commercial law disputes.
“…and also enhance the confidence of foreign investors to invest in our country in line with the unity government’s agenda to attract foreign investment to Malaysia through a suitable model.” – Dec 21, 2023
