Umno leader questions Perikatan govt over dismal FDI record


PUTRAJAYA: An Umno leader has questioned the Perikatan Nasional government over the dismal foreign direct investment (FDI) record which saw figures plunge drastically over the past three years.

Federal Territories Umno chief Datuk Seri Johari Abdul Ghani said that in 2017, Malaysia’s FDI stood at US$13.5bil (RM56bil) but in 2020 the amount recorded was merely US$2.5bil (RM10.37bil).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Four held over attack on man in Kajang
Wisma Putra: 36 Malaysians still uncontactable in China, 55 in Nepal
NASA launches Roman Space Telescope on cosmic mapping mission
Up to Nepalese govt to accept Malaysia's SMART assistance, says Nadma
Over 1.1 million businesses to benefit from higher e-invoicing threshold, says LHDN
AI for the People programme participants to complete six modules for free AI tools
National Day celebration: Public urged to plan journey, arrive early amid road closures
Pahang won’t compromise on mineral resource enforcement, reserve degazettement, says MB
Brother of missing fireman to join SMART mission in Nepal
MCMC health digitalisation fund raised to RM1bil, EMR rollout expanded

Others Also Read