PM: Strategic DDI can attract more FDI, drive economic boom

Anwar said that having a more strategic domestic industry ecosystem is crucial for generating more sustainable gross domestic product growth.

KUALA LUMPUR: The government has set domestic direct investment (DDI) as a key performance indicator (KPI) for growing the country’s total investment given strategic DDI’s potential in attracting more foreign direct investment (FDI), Prime Minister Datuk Seri Anwar Ibrahim says.

The government, particularly via the Investment, Trade and Industry Ministry (Miti), is committed to achieving a good balance between FDI and DDI for ensuring sustainable and balanced development throughout the country, he said in a statement issued after chairing the second National Investment Council or MPN meeting yesterday.