A press release has been issued by Senior Minister, Minister of International Trade and Industry (MITI) – press release as follows:

Malaysia achieved robust and impressive performance for the first half of 2021 with foreign direct investments (FDI) soaring by 223.1 per cent compared to 1H 2020, signalling the confidence of foreign investors in the country’s stable and conducive economic climate and business ecosystem. This augurs well for Malaysia’s path to vibrant and sustainable economic recovery.

The stellar performance also demonstrates that Malaysia’s strategy of positioning the country as an attractive investment destination of choice and a supply chain hub in ASEAN, particularly for manufacturing operations, is showing positive results. FDI drove the strong and vibrant performance of the manufacturing sector during the period, registering RM58.2 billion in approved investments. The remaining RM8.7 billion approved investments in this sector were from domestic sources.

Please refer here to read full translated press release:

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