Finance Ministry expects over 41,200 new jobs with RM29.3b FDI injection in Q1 | Malay Mail

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Finance Ministry expects over 41,200 new jobs with RM29.3b FDI injection in Q1

Lim said the approved FDI rose by 73.4 per cent compared to the RM16.9 billion for the same period last year. — Picture by Yusof Mat

“As a result, foreign direct investment into Malaysia has increased drastically. Additionally, industrial production growth in April 2019 has accelerated to a 6-month high amid an environment of low and stable inflation,” Lim said in a statement. He attributed the industrial growth to increases in manufacturing and output in mining, both sectors which had been dampened in the previous quarter.

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