KUALA LUMPUR, Sept 27 — Malaysia remains competitive in attracting foreign investors post-Covid-19 based on its convincing performance this year compared to last year, said Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.
“This is part of the rationalisation plan made by the foreign companies and not due to the country's unconducive environment. Mohamed Azmin said this in reply to additional questions from Fong Kui Lin in Parliament on the status of foreign investors who withdrew their investments in the country following the Covid-19 pandemic and whether they would return to investing in post-Covid-19 countries.
Of this, foreign direct investment contributed 58.1 per cent or RM62.5 billion compared to RM19.8 billion for the same period in 2020.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.