PETALING JAYA: Foreign direct investment (FDI) inflows into Malaysia totalled US$7bil (RM21.4bil) in 2010, compared with US$1.4bil in 2009, reflecting increasing investor confidence in Malaysia.
This was an impressive growth of 409.7%, the highest recorded in the region as well as among the 153 economies surveyed by the United Nations Conference on Trade and Development (UNCTAD) in its Global And Regional FDI Trends 2010.
“The UNCTAD figures reaffirm my statement on Dec 11, 2010 that Malaysia recorded significant inflows of FDI amounting to US$5.4bil in the first nine months of 2010, based on data released by the department of statistics,” International Trade and Industry Minister Datuk Seri Mustapa Mohamed said in a statement yesterday.Read More
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