Mustapa: FDI into Asean to hit US$100bil

Minister of International Trade and Industry Datuk Seri Mustapa Mohamed speaking at the Intra-Asean Investment Forum at the Perdana Hall at the MITI yesterday.

KUALA LUMPUR: Foreign direct investment (FDI) inflows into Asean have been steadily increasing this year and are expected to reach over US$100bil from the current US$96.7bil, said International Trade and Industry Minister, Datuk Seri Mustapa Mohamed.

He said this would continue to benefit Malaysian companies in terms of trade and investments, sharing of technology and job creation.