In August 1995, Ranariddh expressed admiration for the political and economic systems of Singapore, Malaysia and Indonesia. As he saw it, these countries, characterised by hybrid regimes, active economic interventionism and limited press freedom, served as good models to propel Cambodia's socio-economic growth. Ranariddh espoused the view that economic development should take precedence over democratic and human rights. In the initial months of the administration, he actively courted political leaders from various regional countries, including Indonesia, Singapore and Malaysia, with a view to encouraging investment in Cambodia. In early 1994, Ranariddh established the Cambodian Development Council (CDC) to encourage foreign investment, and served as its chairperson. The Malaysian Prime Minister, Mahathir Mohamad, supported Ranariddh's plans, and encouraged Malaysian businessmen to invest and assist in developing the tourism, infrastructural development and telecommunications industries.