NIA an answer to our foreign investment outflow

The International Trade and Industry Ministry (Miti) said that investment policy reforms will be rooted in the NIA, which in turn will be guided by the “essence of the Shared Prosperity Vision 2030”.

PETALING JAYA: Amid mounting criticism on the exit of foreign investments out of Malaysia, the government has approved the National Investment Aspirations (NIA) framework to attract high-quality investments into the country and create high-income jobs.

The framework, which has five core parameters, will also serve as a guide in introducing more targeted and effective investment promotion and facilitation strategies to attract quality investments.