KUALA LUMPUR, Aug 12 2022 — Foreign Direct Investment (FDI) position in Malaysia grew by RM24.1 billion to RM836.2 billion at the end of the second quarter of 2022 (Q2) compared with RM812.1 billion in the first quarter of this year (Q1), according to a report released by the Department of Statistics Malaysia (DoSM)
The manufacturing sector remained the largest recipient with a value of RM360 billion or 43.1 per cent, followed by financial activities at 22.7 per cent (RM189.8 billion) and wholesale and retail trade chalked up 6.3 per cent (RM53 billion),
Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the sources for FDI were primarily from the Asia region which amounted to RM431.1 billion or 51.6 per cent mainly from Singapore and Hong Kong, followed by Europe and the Americas.
“Singapore remained as the biggest FDI, accumulating 20.8 per cent or RM174.1 billion, followed by Hong Kong at 10.9 per cent (RM91.1 billion), the United States contributed 10.8 per cent (RM90 billion) and Japan recorded 10.3 per cent (RM84.2 billion),” he said.
— Akses Malaysia
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