Malaysia set to lead in FDI inflow

• Oct 20, 2020

KUALA LUMPUR: Malaysia stands to benefit from a potential inflow of investments as multinational companies (MNCs) are accelerating their decisions to optimise their business models and seek “high-value, high-impact” central operating models in strategic locations.

According to Ernst and Young’s (EY) latest investor guide, “KL calling: dynamic, digital, diverse”, Kuala Lumpur is gaining global investors’ attention as a preferred principal location to grow their business, in the region and globally.

EY Asean consulting leader and Malaysia consulting managing partner Chow Sang Hoe said the Covid-19 pandemic was fast-tracking the pace of MNCs’ decisions to restructure their supply chains, diversify their supply sources and find local and Asean near-market manufacturing base to manage uncertainties and disruptions. — Bernama

Source: https://www.thestar.com.my/business/business-news/2020/10/20/malaysia-set-to-lead-in-fdi-inflow