Malaysia attracts nearly 44 billion USD in investment in first nine months of 2022
Malaysia has attracted a total 193.7 RM (nearly 44 billion USD) worth of approved investment from January to September this year, up a 2.5% increase compared to the same period last year, according to Malaysian Investment Development Authority (MIDA).
Malaysia has attracted a total 193.7 RM (nearly 44 billion USD) worth of approved investment from January to September this year. (Photo: Bernama)
Kuala Lumpur (VNA) – Malaysia has attracted a total 193.7 RM (nearly 44 billion USD) worth of approved investment from January to September this year, up a 2.5% increase compared to the same period last year, according to Malaysian Investment Development Authority (MIDA).
They included 113.3 billion RM, or 60.9% of the total capital, for projects in the service sector, together with 64.9 billion RM (33.5%) in the manufacturing sector and 15.5 billion RM (8%) in other essential sectors.
MIDA said foreign direct investment (FDI) remained the major contributor to the total approved investments, at 67.5% or 130.7 billion RM, while domestic direct investment (DDI) contributed 32.5% or 63 billion RM.
It said five states seeing significant investments were Johor (63.9 billion RM), Kuala Lumpur (26.1 billion RM), Selangor (🌼25.7 billion RM), Sarawak (17.6 billion RM) and Kedah (12.1 billion RM)./.
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Malaysia has attracted a total 193.7 RM (nearly 44 billion USD) worth of approved investment from January to September this year. (Photo: Bernama) 
