Khazanah getting RM1b to kick off ‘national fund of funds’ to invest in high growth Malaysian companies, says PM Anwar
The World Bank’s Malaysia Economic Monitor reported that Malaysia recorded net foreign direct investment inflows of RM 39.5 billion for 2023. “NIMP 2030 is seen as a driver to increase the FDI/GDP ratio, provided it is implemented well, including paying attention to opening up certain service sectors that are more restricted in Malaysia than in comparable countries,” he told Bernama after a media briefing to launch its Malaysia Economic Monitor themed “Bending Bamboo Shoots: Strengthening Foundational Skills” here today.
“Public consumption will contribute 0.4 per cent to the real GDP while private consumption is at 3.4 per cent whereas net exports see a 0.4 per cent contraction,” he said.He explained that growth in Malaysia’s FDI position slowed to 5.4 per cent in 2023 , which is in line with Asean’s FDI trends in 2023.
NIMP 2030
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