KUALA LUMPUR, Dec 15 — Malaysia has attracted RM493.64 billion in potential investments through 37 trade and investment missions, including prime minister-led overseas visits, from 2023 to 2025, involving 181 projects. Deputy Investment, Trade and Industry Minister Liew Chin Tong announced that 52 projects worth RM123.8 billion have been approved, while 38 projects valued at RM48.9 billion are slated for finalisation in 2025. An additional RM320.9 billion is projected to materialise between 2026 and 2028.
Liew, responding to Senator Koh Nai Kwong in the Dewan Negara, emphasised ongoing reforms at the Malaysian Investment Development Authority (Mida) to maximise economic spillovers. Mida is strengthening investment monitoring to ensure compliance and benefits align with the New Investment Incentive Framework.
The ministry is also drafting the Industrial Development Bill and amending the Mida Act to enhance oversight and boost local industry gains.
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