Mida: Malaysia attracts RM71.4bil in approved investments for 1Q

Malaysian Investment Development Authority CEO Datuk Arham Abdul Rahman - YAP CHEE HONG/The Star.

KUALA LUMPUR: Malaysia attracted approved investments worth RM71.4 billion in the manufacturing, services and primary sectors for the first quarter (1Q) of 2023, according to the Malaysian Investment Development Authority (Mida).

The government’s principal investment promotion and development agency said this involves 1,265 projects that are expected to generate 23,977 new job opportunities.