The Malaysian Investment Development Authority announced that the country attracted approximately RM132.6 billion, or the equivalent of 28.4 billion US dollars, from approved investments during the first half of this year, an increase of 7.8 percent compared to the same period last year.
The authority’s data showed that domestic direct investment jumped by 58.2 percent compared to last year, reaching RM69.3 billion, which is slightly more than half of all approved investments.
The authority pointed out that foreign direct investment accounted for 47.8 percent, or RMB 63.3 billion, of the volume of investments.
Singapore led the investors with RM13.7 billion, followed by Japan with RM9. 1 billion and the Netherlands with RM9 billion.
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