Malaysia’s Investment, Trade, and Industry Minister, Tengku Datuk Seri Zafrul Abdul Aziz, highlighted the rising confidence of investors, particularly domestic ones, in the country. He revealed that a significant 45% of the total approved investments amounting to RM225 billion from January to September this year originated from domestic investors.
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Tengku Zafrul attributed this increased confidence to positive economic impacts resulting from investments by local companies. To sustain this trend, the Ministry will focus on initiatives outlined in the New Industrial Master Plan 2030 (NIMP 2030) to attract and retain investments from local sources. The country recorded a substantial 6.6% increase in approved investments compared to the corresponding period last year.
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