Growth in investments seen this year, says Zafrul

Tengku Zafrul said Malaysia has accumulated a total of RM329.5bil in approved investments for the manufacturing, services and primary sectors in 2023.

PETALING JAYA: Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz says Malaysia can expect a minimum 8% to 10% growth in approved investments for 2024.

He said this targeted figure is yet to be finalised but is in line with the gross development product (GDP) growth of 4% to 5% forecast by Bank Negara.