Xinhua, Kuala Lumpur :
Malaysia’s new approved direct investments in the services, manufacturing and primary sectors rose 17.7 percent year-on-year to 80.2 billion ringgit (about 19.18 billion U.S. dollars) in the first half of 2018, according to data released Monday.
Malaysian Investment Development Authority (MIDA) said in a statement that the approved investments come from 2,346 projects, and are expected to generate 60,181 job opportunities for Malaysia. The domestic investments which contribute 67 percent to the total approved investments, expanded 10.5 percent year-on-year to 53.7 billion ringgit.
Meanwhile, foreign investments grew 35.3 percent year-on-year to 26.5 billion ringgit, mainly driven by investments in the manufacturing and primary sectors.
The services sector remains as the key driver, with its approved investments standing at 50.9 billion ringgit.
The approved investments for the manufacturing industry increased 21.2 percent year-on-year to 20.2 billion ringgit. The primary sector contributed 9.1 billion ringgit or 11.3 percent to the total approved projects.
Malaysia’s new approved direct investments in the services, manufacturing and primary sectors rose 17.7 percent year-on-year to 80.2 billion ringgit (about 19.18 billion U.S. dollars) in the first half of 2018, according to data released Monday.
Malaysian Investment Development Authority (MIDA) said in a statement that the approved investments come from 2,346 projects, and are expected to generate 60,181 job opportunities for Malaysia. The domestic investments which contribute 67 percent to the total approved investments, expanded 10.5 percent year-on-year to 53.7 billion ringgit.
Meanwhile, foreign investments grew 35.3 percent year-on-year to 26.5 billion ringgit, mainly driven by investments in the manufacturing and primary sectors.
The services sector remains as the key driver, with its approved investments standing at 50.9 billion ringgit.
The approved investments for the manufacturing industry increased 21.2 percent year-on-year to 20.2 billion ringgit. The primary sector contributed 9.1 billion ringgit or 11.3 percent to the total approved projects.
