Malaysia saw a slight jump in foreign and domestic investments in the second half of 2018, announced International Trade and Investment Minister Darell Leiking today.
Of the total RM201.7 billion in approved investments from the manufacturing, services and primary sectors last year, RM86.1 billion was contributed within the first six months.
Between July and December, the sectors recorded RM115.6 billion in investments, or 57.3 percent of the total approved investments.
Leiking predicted that the upward trend would continue under the Pakatan Harapan government.
“Malaysia is set to leverage on an improving trend of private investment, supported by positive sentiments arising from the new government’s business-friendly policies and clear economic direction,” he said.
The minister was speaking at the launch of the Malaysian Investment Development Authority’s (Mida) 2018 investment performance report in Kuala Lumpur today.
[More to follow] - Mkini
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