Azmin: Surge in approved FDI signals confidence of foreign investors

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The surge in approved foreign direct investments (FDI) for the first half (H1) of 2021, which grew by 223.1 percent year-on-year, signals the confidence of foreign investors in the country’s stable and conducive economic climate and business ecosystem, said Senior Minister Azmin Ali. He said this robust and impressive performance augurs well for Malaysia’s path to a vibrant and sustainable economic recovery.“The stellar performance also demonstrates that Malaysia’s strategy of positioning the country as an attractive investment destination of choice and a supply chain hub in Asean, particularly for manufacturing operations, is showing positive results,” the international trade and industry minister said in a statement today.Azmin (above) shared FDI drove the strong and vibrant performance of the manufacturing sector during the period, registering RM58.2 billion in approved inv…