Malaysia has become the most attractive country in Southeast Asia for foreign investors, driven by the success of attracting more than RM220 billion approved investments in 2021 for the manufacturing and services sectors, according to the 2022 Milken Institute Global Opportunity Index .
“The commitment has ultimately elevated Malaysia’s position as a preferred investment destination, no doubt signifying the strong confidence of foreign investors in our agile business ecosystem and vibrant economy,” he said in a statement today. Azmin said this clearly underscores the success of the Ministry of international Trade and Industry’s massive efforts in implementing policies that ensure the readiness of talent, and the protection and creation of jobs for the economy.
“It is indeed noteworthy that the report draws attention to Malaysia having taken steps to relax restrictions and enact policies in capitalising on its trade developments, thus helping us claim first-place ranking in this year’s Index,” he added.