KUALA LUMPUR: The Investment, Trade and Industry Ministry (Miti) will leverage on insights from the American Malaysian Chamber of Commerce’s (Amcham) Economic Impact Survey (EIS) 2022-2023 to fine-tune trade and investment policies to further enhance Malaysia’s position as a preferred investment destination.
Minister Tengku Datuk Seri Zafrul Abdul Aziz said the business association’s findings reflect confidence in the Madani Government’s policies and in its earnest efforts to facilitate the investors’ journey since December 2022.
“Miti welcomes the findings from Amcham’s EIS 2022-2023, notably how US manufacturing companies’ RM92.2bil investments to date have contributed RM199.4bil to our exports and RM23.3bil of spillover impact to Malaysian companies and small and medium enterprises, notably in the electrical and electronics sector.” — Bernama