RM329.5b investments in 2023 – highest since establishment of Mida

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KUALA LUMPUR: Malaysia attracted investments worth RM329.5 billion last year - the highest since the establishment of the Malaysian Investment Develop...

Malaysia attracted investments worth RM329.5 billion last year - the highest since the establishment of the Malaysian Investment Development Authority in 1967, said its outgoing CEO, Datuk Arham Abdul Rahman.

Arham, 61, who has served Mida for 34 years and eight months, said they should not rest on their laurels in boosting efforts to promote Malaysia’s attractiveness as other neighbouring countries are also eyeing a piece of the investment cake. “Even though we have achieved a good record in terms of the investments secured, especially in 2023, my advice is that we should not be complacent because there is still a lot of work to be done,“ he added.

“Quality investment will spur the domestic investment landscape through knowledge and technology transfer,“ he added.

 

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