Chasing only the good deals

According to the Finance Ministry, the investments are to be channelled into high-growth, high-value industries like energy transition and advance manufacturing such as the semiconductor business.

THE pledge by six local government-linked investment companies (GLICs) to invest RM120bil in domestic direct investments over the next five years has attracted both brickbats and praise from seasoned industry and market observers.

While it is crucial that these investments are channelled into industries where the potential for growth is significant, it is also important to have proper monitoring of funds deployed.