GLICs pledge to increase domestic direct investment


Prime Minister Datuk Seri Anwar Ibrahim.

KUALA LUMPUR: Six leading government-linked investment companies (GLICs) have collectively pledged to invest RM120bil in domestic direct investment (DDI) over the next five years, according to the Ministry of Finance (MoF).

The pledge was made under the first phase of MoF’s “Gear-up” programme, which aims to synergise efforts across government-linked entities to catalyse growth in key economic sectors.

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