Malaysia’s FDI In the First Nine Months of 2023 Surpasses Expectations
Malaysia’s FDI in the first nine months of 2023 has exceeded expectations, recording RM225 billion worth of sanctioned investments. This has surpassed the country’s annual goal, according to MIDA.
Foreign direct investment was 55.9% responsible for the overall sum. This highlights that Malaysia remains attractive as a foreign investment destination, largely thanks to its stability. It is a positive thing that investors view Malaysia as the ideal hub to start a business.
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An FDI in the first nine months of 2023 that surpasses its goal is a strong enough reason for any investor to consider starting a business in Malaysia. Other compelling reasons besides this substantial influx of investments include a skilled workforce, economic diversity, strategic location, and modern-day infrastructure.
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