KUALA LUMPUR: Malaysia approved RM71.4bil worth of investments in the first quarter of 2023 and the Malaysian Investment Development Authority (Mida) says the country attracted more foreign direct investments (FDIs) than domestic direct investments (DDIs) in the period.
“FDI contributed RM37.5bil, representing 52.5% of the total approved investments, while DDI accounted for RM33.9bil, or 47.5% of the total approved investments,” Mida said in a statement.
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