Metro Manila (CNN Philippines, July 21) — President Ferdinand Marcos Jr. will fly to Malaysia next week for a state visit, where talks on economic cooperation and the newly enacted Maharlika law may be discussed, the Department of Foreign Affairs (DFA) said Friday.

DFA spokesperson Ma. Teresita Daza said Marcos and First Lady Ma. Louise Araneta-Marcos were invited by the King of Malaysia to undertake a state visit from July 25 to 27.

Marcos will meet with King Sultan Abdullah Sultan Ahmad Shah, Prime Minister Anwar Ibrahim, Malaysian business leaders, and the Filipino community.

READ: Malaysian PM Anwar looks forward to Marcos’ state visit this month, eyes stronger ties – envoy

Daza said Philippine and Malaysian officials are expected to pursue bilateral cooperation on “priority areas in support of economic agenda of the country,” which includes trade and investments, agriculture, tourism, digital economy, and people-to-people exchanges.

“There will be new areas that will be explored, including Halal industry and Islamic banking,” she added.

Since Marcos and some members of his economic team would meet with Malaysian companies, the DFA official said the government expects to generate investment pledges.

Asked on efforts to touch on the Maharlika Investment Fund, Daza said: “It’s pretty safe to assume that it will may be raised and promoted during this visit.”

Earlier this week, the controversial measure was signed into law.

READ: Marcos signs Maharlika fund bill into law