Malaysian FDI on target to exceed 2010 numbers
The Malaysian government announced today that the country is on target to exceed last year’s RM29 billion in direct foreign investments. The first quarter of 2011 alone saw FDI reach RM11 billion. The privatization of the Malaysian Investment Development Authority will also provide more flexibility to the company in attracting human capital, and should spur investments.
MIDA has recently come under fire for some environmental inconsistencies, but insists that all proposals are screened for impact by the Department of the Environment. Inflation has also been on the rise, but is holding steady at about 3.2% after cooling measures were implemented by the Central Bank. Hopefully, FDI will continue to exceed expectations and help Malaysia modernize.
The Malaysian government announced today that the country is on target to exceed last year’s RM29 billion in direct foreign investments. The first quarter of 2011 alone saw FDI reach RM11 billion. The privatization of the Malaysian Investment Development Authority will also provide more flexibility to the company in attracting human capital, and should spur investments. MIDA has recently come under fire for some environmental inconsistencies, but insists that all proposals are screened for impact by the Department of the Environment. Inflation has also been on the rise, but is holding steady at about 3.2% after cooling measures were implemented...
The Malaysian government announced today that the country is on target to exceed last year’s RM29 billion in direct foreign investments. The first quarter of 2011 alone saw FDI reach RM11 billion. The privatization of the Malaysian Investment Development Authority will also provide more flexibility to the company in attracting human capital, and should spur investments.
MIDA has recently come under fire for some environmental inconsistencies, but insists that all proposals are screened for impact by the Department of the Environment. Inflation has also been on the rise, but is holding steady at about 3.2% after cooling measures were implemented by the Central Bank. Hopefully, FDI will continue to exceed expectations and help Malaysia modernize.
