US investments into Malaysia rising

Amcham’s MAEI committee chairman, Datuk Seri Wong Siew Hai, said two of the survey’s findings stood out as they addressed some common misconceptions about the Malaysian E&E industry

PETALING JAYA: Investments into Malaysia from the United States are on the rise, based on a new survey as well as official data from the Malaysian Investment Development Authority (Mida), as US-China trade tensions continue to drag on.

A survey by the American Malaysian Chamber of Commerce (Amcham) on American electrical and electronics (E&E) companies based in Malaysia found that 76% of the companies intend to invest further in the country over the next five years.