MIDA calls for more domestic direct investment to sustain economic growth

Malaysian Investment Development Authority CEO Datuk Arham Abdul Rahman

KUALA LUMPUR: Enhancing domestic direct investment (DDI) is important for Malaysia’s sustainable growth given its huge contribution to the country’s economy, said the Malaysian Investment Development Authority (MIDA).

Chief executive officer Datuk Arham Abdul Rahman said DDIs play an important role in the local economy, especially against the backdrop of global uncertainties, and is essential to woo foreign direct investment (FDI).