Sustaining FDI inflows

Despite the move towards endemicity, repercussions from the last two years of lockdowns continued to have an impact, as seen in labour shortages and supply chain disruptions.

Meanwhile, the Asia-Pacific region is set to remain the world’s fastest growing region. Asia-Pacific will pivot away from the global economic downturn and is poised to weather challenges through 2023, according to Knight Frank’s Asia Pacific Outlook report 2023. Mida has a number of promising projects in the pipeline as it strives to be Asia’s investment gateway; it is making every effort to emerge as Asean’s digital hub.

Meanwhile, Track provides end-to-end facilitation to all projects approved by the National Committee on Investment, thus enabling the speedy and efficient implementation of projects. SMEs eligible for this fund are subject to have completed the government-funded Industry Readiness Assessment programme.

Source: News Formal (newsformal.com)

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