Miti to streamline strategy, focus to ensure continued foreign investment in Malaysia

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This is an opportunity for Malaysia to be a high-income nation with an economic ecosystem that is dynamic. theSun theSundaily Miti ForeignInvestment Trade highincomenation

: The Ministry of International Trade and Industry will streamline its strategies and focus to ensure foreign investors continue to invest in Malaysia and not shift their investments elsewhere.said the government via Miti has always taken proactive steps in attracting foreign investments.

“Of the total investments in 2022, foreign investors contributed 61.7 per cent, or RM163.3 billion, while domestic investments comprised 38.3 per cent, or RM101.3 billion.Liew said Southeast Asia has been a beneficiary of the shift away by European and American firms from China through the “China+1” model as the region is seen as an alternative to China.

 

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