KUALA LUMPUR: The approved investments of RM254.7 billion for the first nine months of 2024 (9M’24), underscore investors’ unwavering confidence in Ma...
Sikh Shamsul Ibrahim says Mida is committed to ensuring the approved investments translate into tangible economic benefits.The approved investments of RM254.7 billion for the first nine months of 2024 , underscore investors’ unwavering confidence in Malaysia’s economic policies and direction, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
“As we progress towards our goal of becoming one of the top 30 global economies by 2033, the Madani Government is steadfast in its commitment to fostering an environment where both domestic and international investors can thrive. Our focus extends beyond achieving investment targets; we are laying the foundation for a sustainable and inclusive economy that will empower all Malaysians,” Tengku Zafrul said.
“The continued growth in domestic investments highlights the strong confidence of local businesses in Malaysia’s robust investment ecosystem. As we approach the end of the year, Miti and Mida’s priority remains focused on enhancing Malaysia’s competitiveness in an ever-evolving global market,“ said Sikh Shamsul Ibrahim.
“This healthy ratio between robust domestic participation and strong foreign interest forms a solid foundation for Malaysia’s future economic growth and resilience,” it added.Germany , China , the United States , the Netherlands and Singapore were the top five in foreign investments.
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