Infra investment key to sustaining growth, FDI

KUALA LUMPUR: To propel the Malaysian economy to a high level amid uncertainty in the global economic landscape, investment in infrastructure is needed to attract long term foreign investment as this will have spillover effects on the other economic sectors, economists say.

Bank Muamalat (M) Bhd chief economist Mohd Afzanizam Abdul Rashid said infrastructure investment is important to ensure the inflows of long term foreign investment.