In June, Mida chief executive officer Datuk Azman Mahmud said foreign direct investment into Malaysia is set to recover in 2021 in line with the revival of the global economy and pent-up demand that is supported by various policies, initiatives, and plans set by the government to woo funds into the country.
KUALA LUMPUR: There is no let-up in investment promotion efforts carried out by the Malaysian Investment Development Authority (Mida) headquarters and its 20 overseas and 12 regional offices to entice quality investments from their areas of coverage despite the flagging economy due to Covid-19.
Mida, which is the government’s principal agency for the promotion of the manufacturing and services sectors, has overseas offices that cover Asia, Europe, the United States, and Australia.
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