Malaysia Records RM164 Billion Of Total Approved Investments In 2020 Amid Global Pandemic

Manufacturing Sector Takes the Lead with an Increase of 10.3 per cent in Approved Investments

KUALA LUMPUR, March 2 (Bernama) — The global economic environment in 2020 was very challenging, as a result of the COVID-19 pandemic, which had its contagion effects on major economies throughout the world. Despite the challenges, the Ministry of International Trade and Industry (MITI) through the Malaysian Investment Development Authority (MIDA) is committed to ensuring that Malaysia continues to be positioned as an investor-friendly location for long term growth of both foreign and domestic businesses.

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