OCBC to play a role in getting China investment

OCBC Bank (M) Bhd managing director and head of corporate and commercial banking Jeffrey Teoh

PETALING JAYA: OCBC Bank (M) Bhd, through it dedicated China business office (CBO) in Kuala Lumpur, plans to attract more foreign direct investment (FDI) from China into the country.

According to the Malaysian Investment Development Authority (Mida), FDI from China increased by 77% from RM31.3bil in 2021 to RM55.4bil in 2022 across various sectors of the economy.