Malaysia: Malaysia receives nearly RM72b in investments in January-July

  • Aug 08, 2016

Malaysia: Malaysia receives nearly RM72b in investments in January-July

Monday, 1 August 2016 – Malaysia has received RM71.8bil in investments in the January-July 2016 period in the manufacturing and services sectors.

Malaysian Investment Development Authority (Mida) chief executive officer Datuk Azman Mahmod said the investments involved new and expension projects.

“They are from 262 projects and the investments will be realised within the next one to two years depending on the scale of the projects,” he said.

Azman was speaking at the ground breaking ceremony of the RM30.6mil SEW Eurodrive plant in Fronteir industrial park in Ulu Tiram near here.

He said the RM71.8bil investments in the pipeline include the life sciences, food processing, health, education, machinery and oil and gas sectors. Read More?