Selangor records lower FDI in 2021 due to pandemic, economic growth delay

KUALA LUMPUR: The unpredictability of the pandemic and economic growth delay contributed to a comparatively lower foreign direct investment (FDI) into Selangor in 2021, said Invest Selangor Bhd.

In a statement today, the Selangor state investment arm said the lower FDI was also contributed by the absence of the state’s promotional missions and engagement sessions overseas due to international border closures.