foreign direct investments

Malaysia is now more selective in choosing foreign direct investments, with a focus on projects that would greatly benefit the country.

Malaysia needs to promote Domestic Direct Investments (DDIs) as aggressively as Foreign Direct Investments (FDIs), as both are equally important in supporting the nation's economic growth.

Azmin said foreign direct investments contributed RM62.5 billion compared to RM19.8 billion for the same period in 2020.

Former second finance minister Datuk Seri Johari Abdul Ghani has called for clearer economic directions to attract and sustain foreign direct investments (FDI) into Malaysia.

Kok says 2H17 will witness more construction and infrastructure projects to be given out and this, coupled with Chinese foreign direct investments, will trigger counters in these sectors.

The Barisan Nasional will remain an investor-friendly government, making Malaysia an attractive destination for FDI from around the world, Prime Minister Datuk Seri Najib Tun Razak.

Therefore, the many "wild allegations" saying that bringing in FDIs could jeopardise national sovereignty and deny the locals the chance to reap benefits, are merely baseless accusations.

Taiwan is one of the top five sources of foreign direct investments in Selangor and has to date invested more than RM4.2 billion in the state.

The strong growth and inflow of foreign direct investments have led to the creation of jobs, with the average ASEAN unemployment rate now at a low of 3.3 percent.

Malaysia is not experiencing capital flight but continues to receive foreign direct investments, the central bank governor says.

He says corruption might lead to lower domestic and foreign direct investments, and proliferation of an underground economy.

Malaysia is expected to achieve a modest increase in net investment inflows this year.

Malaysia has become the third biggest investor in Africa after France and the United States, Prime Minister Datuk Seri Najib Tun Razak said.

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