Malaysia has successfully attracted a total investment of RM1.1 trillion from 2018 to September 2022.
The Ministry of International Trade and Industry (Miti) said the approved investment encompasses the manufacturing, service and primary sectors.
The investment involves 22,417 projects and is expected to create 572,081 job opportunities.
“Of the total, 52.3 percent or RM568.6 billion were foreign direct investments (FDIs),” the ministry said.
Meanwhile, the Ministry of Economy said that Malaysia’s five economic corridor regions had recorded committed investments totalling RM113.33 billion, with realised investments amounting to RM63.22 billion from 2021 to 2022 within the timeframe of the 12th Malaysia Plan.
The ministry said the investments created 214,888 job opportunities and 48,973 entrepreneurial opportunities.
“The government will continue to increase its efforts to encourage regional development plans through better cooperation with both federal and state government agencies.
“This will ensure the effectiveness and function of the authorities in the five regional economic corridors to drive growth through ongoing efforts to attract more quality investments,” it said.
