Malaysia has achieved the highest realised foreign direct investment (FDI) in its history!
BN Govt: 2018 first quarter: RM11.15bil
PH Govt: 2019 first quarter: RM21.72bil
THIS IS 94.8% GROWTH!
Malaysia has achieved the highest realised foreign direct investment (FDI) in its history.
The country received RM21.7 billion in FDI in the first quarter of this year. During the same period last year the country recorded RM11.2 billion. This represents an increase of 94.8 per cent in FDI.
Finance Minister Lim Guan Eng said the improvement in realised FDI demonstrated the strength of the economy and rising confidence that foreign investors had in Malaysia and its government.
“The RM21.7 billion realised FDI in the first quarter of 2019 was the highest level ever recorded in Malaysian history for one quarter,” he said.
“These new investments will raise the economy’s growth potential and create additional jobs for Malaysians in the near future,” he said in a statement in conjunction with Wesak Day.
Full article on New Straits Times: https://www.nst.com.my/news/nation/2019/05/489593/malaysia-records-historical-high-fdi-inflow