KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) expects foreign direct investment (FDI) from Japan to exceed RM30 billion this year, buoyed by continuous support from Japanese companies.
Its Minister, Tengku Datuk Seri Zafrul Abdul Aziz, said the private sector in both countries has expressed their confidence over business prospects this year, although the global trade environment is experiencing a slowdown.
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