MITI optimistic 2024 will be a stronger year for FDIs into Malaysia

Tengku Zafrul said that productivity could be improved by the public and private sectors prioritising employees’ wellbeing and supporting a decent standard of living for them.

KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) is optimistic that 2024 will be a stronger year for foreign direct investments (FDIs) into Malaysia, leveraging what is seen in the pipeline.

Its Minister, Tengku Datuk Seri Zafrul Abdul Aziz said that as of the first six months of this year, Malaysia registered a total of RM132.6 billion investment, around 60 per cent of the nation’s investment target for this year, which is slightly above the target.