Mida succeeds in attracting quality investments


Mida chief executive officer Arham Abdul Rahman said the continued aggressive strategy to attract high-level investments from both foreign and domestic investors is exhibiting promising results, with Malaysia recording a total of RM80.6bil worth of approved investments in the manufacturing, services and primary sectors in the first quarter of 2021 (January-March), a surge of 95.6% from the same period last year.

KUALA LUMPUR: The government, via the Malaysian Investment Development Authority (Mida), remains focused on attracting high-quality investments from foreign and domestic companies into Malaysia through various investment strategies and policy initiatives amid the Covid-19 pandemic.

Mida chief executive officer Arham Abdul Rahman said the continued aggressive strategy to attract high-level investments from both foreign and domestic investors is exhibiting promising results, with Malaysia recording a total of RM80.6bil worth of approved investments in the manufacturing, services and primary sectors in the first quarter of 2021 (January-March), a surge of 95.6% from the same period last year.

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