China remains Malaysia's largest foreign investor in manufacturing, MITI says

Deputy International Trade and Industry Minister Datuk Lim Ban Hong said Malaysia approved 79 FDIs worth USD3.74 billion from China last year.

KUALA LUMPUR: China remains Malaysia’s largest foreign investor in the manufacturing sector for four consecutive years since 2016, with 32 foreign direct investments (FDIs) amounting US$452.43million (US$1=RM4.14) approved in January to June of 2020.

Deputy International Trade and Industry Minister Datuk Lim Ban Hong said Malaysia approved 79 FDIs worth USD3.74 billion from China last year.