[MEDIA RELEASE] MALAYSIA ATTRACTED RM123.3 BILLION (USD28.0 BILLION) OF APPROVED INVESTMENTS FOR THE FIRST HALF OF 2022

The Malaysian Investment Development Authority (MIDA) has issued a media release together with a set of infographics regarding Malaysia Attracted RM123.3 Billion (USD28.0 Billion) Of Approved Investments for the first half of 2022 – media release as follows:

Malaysia Continues to be an Attractive Investment Destination for Both Foreign Direct Investments (FDI) and Domestic Direct Investments (DDI) to Drive Malaysia’s Economic Growth

  • Malaysia attracted RM123.3 billion (USD28.0 billion) of approved investments in the manufacturing (RM43.1 billion or USD9.8 billion), services (RM78.0 billion or USD17.7 billion) and primary sectors (RM2.2 billion or USD0.5 billion).
  • Foreign Direct Investments (FDI) remained the major contributor for the total approved investments at 70.9 per cent or RM87.4 billion (USD19.9 billion).
  • The approved investments for this period will generate 57,771 new jobs in the country.
  • Malaysia's services sector secured projects worth RM78.0 billion (USD17.7 billion) for the first half of 2022, compared to the RM52.4 billion (USD12.6 billion) it gained for the same period in 2021, a major increase of 48.8 per cent.

To read the full Malaysian Investment Development Authority (MIDA) media release and infographics, please contact enquiry@eurocham.my

#MIDA #investment #FDI #DDI #economic #growth #manufacturing #EUMYstrongertogether #eurochammy

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