Dungun MP Wan Hassan Mohd Ramli asked Senior Minister of International Trade and Industry to state the Ministry’s strategic plans to continue making Malaysia an investor-friendly country post-covid-19 in order to attract investments from giant international companies.
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Senior Minister and International Trade and Industry (MITI) Minister Datuk Seri Mohamed Azmin Ali said government is always committed to intensifying and strengthening efforts to continue to attract investments. Malaysia attracted investments of RM107.5 billion in the manufacturing, services and other sectors between January and June this year. This showed a significant jump of 69.8% compared to RM63.3 billion for the same period last year.
He explained that of these total investments, foreign direct investment (FDI) contributed a total of 58.1% or RM62.5 billion when compared to RM19.8 billion for the same period last year. Azmin also said the Domestic Direct Investment (DDI) contributed 41.9% or RM45.1 billion which involves 2,110 projects and is expected to create nearly 45,000 new jobs. The services and key sectors recorded RM2.16 billion or 3.5% of investments and RM2.15 billion or 3.4 % respectively.
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SOURCE: Parlimen Malaysia
