Realised investments in 2023 to be announced at first week of April, says Tengku Zafrul

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Realised investments in 2023 to be announced at first week of April, says Tengku Zafrul
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KUALA LUMPUR: The ringgit opened higher against the US dollar on Thursday after the US Federal Open Market Committee (FOMC) opted to keep the Federal Funds Rate (FFR) steady at 5.50 per cent, which further strengthens the local note.

KUALA LUMPUR: Figures of realised investments in Malaysia for 2023 will be made public in the first week of April, says Tengku Datuk Seri Zafrul Abdul Aziz had started in terms of the RM329.5bil," Tengku Zafrul said at the Concorde Club meeting on Thursday at Wisma Bernama.

According to Tengku Zafrul, the realisation of approved investments usually took between two to three years. "That is why the Prime Minister, through our national investment council, is pushing all parties in the government, especially ministries, state governments and local authorities to speed up the process.

"For semiconductors, where Malaysia has a major market share in the global space, we should encourage more Malaysians to invest in this sector as well," said Tengku Zafrul.

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