Malaysia: Private investment tops $46b

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factory-workers
Malaysian factory workers

Total private investments in Malaysia surged 24.8 per cent to a record $46 billion in 2012, according to the country’s International Trade and Industry Minister Datuk Seri Mustapa Mohamed

The minister said at the Investment Performance 2012 conference in Kuala Lumpur on February 26 that, in particular, that investments in Johor are doing “extremely well”, with projects in Iskandar Malaysia and Pengerang accelerating.

Malaysia in 2013 recorded the highest-ever total approved investments at $54 billion, driven by the services sector.

in 2012, the services sector accounted for 72.4 per cent of total approved investments, followed by the manufacturing sector at 25.3 per cent and primary sectors at 2.3 per cent. The total investments approved in 2012 were in more than 6,000 projects that could generate about 183,000 job opportunities.

Mustapa said that Malaysia could expect foreign direct investments to increase to about $12 billion from around $10 billion in 2011, as the global economy was expected to pick up.

“This year, we believe there will be some recovery in the world economy, and that could help push FDI somewhat higher,” he pointed out.

Of the total approved FDI in the manufacturing sector last year, 64 per cent came from Asian countries, led by Japan, Singapore, China and South Korea.

The International Monetary Fund (IMF) has projected the global economy to grow 3.5 per cent this year, compared with 3.2 per cent in 2012. Malaysia’s economy, on the other hand, was expected to grow between 4.5 per cent and 5.5 per cent in 2013, after expanding 5.6 per cent last year.

Mustapa conceded that there remained a “gap” in Malaysia between investment inflows and outflows, as Malaysian companies continued to invest abroad. But he noted that the phenomenon, which had been going on for the past four to five years, was not a totally unwelcome trend, as it only reflected the country’s growing economy.

 

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Reading Time: 2 minutes

Malaysian factory workers

Total private investments in Malaysia surged 24.8 per cent to a record $46 billion in 2012, according to the country’s International Trade and Industry Minister Datuk Seri Mustapa Mohamed

Reading Time: 2 minutes

factory-workers
Malaysian factory workers

Total private investments in Malaysia surged 24.8 per cent to a record $46 billion in 2012, according to the country’s International Trade and Industry Minister Datuk Seri Mustapa Mohamed

The minister said at the Investment Performance 2012 conference in Kuala Lumpur on February 26 that, in particular, that investments in Johor are doing “extremely well”, with projects in Iskandar Malaysia and Pengerang accelerating.

Malaysia in 2013 recorded the highest-ever total approved investments at $54 billion, driven by the services sector.

in 2012, the services sector accounted for 72.4 per cent of total approved investments, followed by the manufacturing sector at 25.3 per cent and primary sectors at 2.3 per cent. The total investments approved in 2012 were in more than 6,000 projects that could generate about 183,000 job opportunities.

Mustapa said that Malaysia could expect foreign direct investments to increase to about $12 billion from around $10 billion in 2011, as the global economy was expected to pick up.

“This year, we believe there will be some recovery in the world economy, and that could help push FDI somewhat higher,” he pointed out.

Of the total approved FDI in the manufacturing sector last year, 64 per cent came from Asian countries, led by Japan, Singapore, China and South Korea.

The International Monetary Fund (IMF) has projected the global economy to grow 3.5 per cent this year, compared with 3.2 per cent in 2012. Malaysia’s economy, on the other hand, was expected to grow between 4.5 per cent and 5.5 per cent in 2013, after expanding 5.6 per cent last year.

Mustapa conceded that there remained a “gap” in Malaysia between investment inflows and outflows, as Malaysian companies continued to invest abroad. But he noted that the phenomenon, which had been going on for the past four to five years, was not a totally unwelcome trend, as it only reflected the country’s growing economy.

 

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