Domestic, foreign investment in Malaysia on high note in 2014

Source: Pano feed

Total domestic and foreign direct investment in Malaysia hit a record 235.9 billion RM (66 billion USD) in 2014, up 7.5 percent from the 219.4 billion RM (61.4 billion USD) received in 2013.

Domestic direct investment reached 171.3 billion RM (47.9 billion USD), or 72.6 percent of the total investment, the bulk of which was put towards the manufacturing, services, and primary sector.

The service sector accounted for the largest share of the total investment in the economy with 149.9 billion RM (41.9 billion USD), or 63.4 percent, followed by the manufacturing sector with 71.9 billion RM (20 billion USD) and the primary sector, with 14.4 billion RM (3.8 billion USD).

Japan led other foreign investors in Malaysia in the year with a total investment of 10.9 billion RM (2.94 billion USD) in 55 projects.

It was followed by Singapore with 7.8 billion RM (2.1 billion USD) in 121 projects and China with 4.8 billion RM (1.29 billion USD) in 24 projects.

According to Minister of International Trade and Industry Mustapa Mohamed, the Malaysian economy is expected to grow by 4.5-5.5 percent this year.-VNA

Đăng ký: VietNam News