M'sia recorded RM132.6bil in approved investments for first half of 2023, says Tengku Zafrul

"I am pleased with our achievement in 1H2023, securing RM132.6bil, representing 60.3% of our annual target.

The minister said Malaysia is also a trusted hub for the ecosystem, supply chain, capital and talent, flows of goods and data and growing innovation capabilities.He said Malaysia managed to attract approximately a similar amount of approved investments in 1H2023 year-on-year, reflecting confidence in the nation’s economic growth prospects despite global demand slowdown and a higher interest rate environment in key markets.

Tengku Zafrul said the government’s commitment to ensure quality housing for the people has been a major factor in this growth.

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