KUALA LUMPUR: Malaysia has approved investments worth RM709.7mil for 37 projects in the machinery and equipment (M&E) sector in the first half (H1) of 2017, compared with RM660mil for 35 projects in the same period last year.
Minister of International Trade and Industry Datuk Seri Mustapa Mohamed (pic) said the industry was dominated by the small and medium enterprises (SMEs) which produced customised products, including end-to-end manufacturing from design to logistics, to fulfil the strong domestic and global demand.