With the announcement of RM264.6 billion in approved investments for 2022, the Malaysian Investment Development Authority (MIDA) has demonstrated Malaysia’s status as a preferred investment destination. Under the theme “Sustainable Investments for Growth,” the country’s manufacturing, services, and primary sectors have demonstrated resilience in the face of a challenging economic landscape, proving that Malaysia continues to inspire confidence and remains a preferred destination for global investors seeking stable, long-term opportunities.

During the Annual Media Conference (AMC), YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of International Trade and Industry (MITI) emphasised the importance of investing in sustainable technologies. He stressed, “As the world increasingly confronts the realities of climate change, the urgency of investing in sustainable technologies and solutions cannot be overstated. MITI is taking sustainability seriously as we craft policies to incentivise companies and industries to help us lay the groundwork for a more sustainable and equitable world. This must be a whole-of-nation effort, as we want to attract the right investments that will support local SMEs and supply chains, as well as give the rakyat more job opportunities. Ultimately, it is all about achieving inclusive socio-economic benefits to secure a brighter future for all Malaysians.”

Source: NAM News Network