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.

 



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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.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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