KUALA LUMPUR: UOB Malaysia projects approved investments in Malaysia to increase by 13% to RM185bil in 2021, of which close to 40% will be from foreign direct investment (FDI).
In a statement on Wednesday, it said China, Europe and the US are expected to remain among the top sources of FDI, while capital is likely to be channelled mainly into the high-value-added sectors, including electrical and electronics (E&E), chemical, manufacturing and industrial.
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