Services, manufacturing contribute bulk of RM160bil investments in first half of 2024 - Tengku Zafrul

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz — GLENN GUAN/The Star

KUALA LUMPUR: Malaysia has demonstrated its resilience and continued appeal to investors amid the global economic uncertainty by attracting a substantial 18 per cent year-on-year increase in approved investments to RM160 billion across the services, manufacturing, and primary sectors from January to June 2024 (1H 2024).

This surge in investment was backed by a substantial 2,948 investment projects, which are expected to create 79,187 new job opportunities.