Article Related To approved investments

Datuk Seri Anwar Ibrahim said these investments involved nearly 3,000 new projects that will create over 79,000 job opportunities.

Tengku Datuk Seri Zafrul Abdul Aziz said approved investments of reflect on how Malaysia has earned investors' trust.

Malaysia has demonstrated its ability to turn approved investments into actual investments, with as much as 78.7 per cent of the total approved investments for the period from 2018 to June 2023 alread

The government's principal investment promotion and development agency said this involves 1,265 projects.

Malaysia has attracted a total of RM193.7 billion in approved investments in the services, manufacturing and primary sectors involving 2,786 projects from January to September 2022.

Malaysia recorded RM306.5 billion worth of approved investments in the manufacturing, services and primary sectors in 2021 -- the highest amount of approved investments since 2006.

As for 2022, Arham shared that MIDA remained optimistic to get good numbers but it would be challenging to beat 2021.

The Ministry of International Trade and Industry (MITI) expects the country to achieve higher total approved investments in 2021 compared with last year.

Malaysia recorded RM80.6 billion worth of approved investments in the manufacturing, services and primary sectors in the first quarter of 2021, a surge of 95.6 per cent from the same period last year.

Aminuddin added that the investments involved domestic direct investments and FDI, creating 5,823 job opportunities.

Mohamed Azmin said these investments are expected to create 114,673 jobs in various sectors of the economy once implemented.

The manufacturing sector has remained attractive to investors, with approved investments in the sector surging by 38 percent.

Malaysia has successfully attracted RM49.3 billion of approved investments for the first quarter this year, an improvement of 44 per cent.

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