Q1 2013 Approved Investments Surpass Q1 2012 by 44%
Juxtaposed against a weaker external environment, Malaysia successfully attracted a higher level of investments in the economy in the first quarter 2013 compared with the corresponding period of 2012. The country recorded RM49.3 billion of approved investments in January-March 2013, an increase of 44 per cent as compared with RM34.3 billion in the same period of 2012, reflecting the country's competitiveness as a location of choice for investments in the Region.
Effective 16 May 2013, all name search and incorporation of companies must be made online via MyCoID portal for Kuala Lumpur, Selangor and Negeri Sembilan areas.
MIDA is conducting Corporate Investment Plan survey for investment in 2012 and proposed investment for 2013. MIDA as Malaysia’s principal agency for promotion of investments, is intensifying our efforts to work hand-in-hand with businesses and industries to help realise investment plans.
As a measure of the effectiveness of the various programmes developed over the years to promote investments, we would like to request if you could provide information on investments made in year 2012.
Further, we would like to request if you could share your corporate investment plans for 2013, and indicate where applicable, how we can be of assistance.
Baseload Survey 2013 Form
Malaysia broke all approved investments and employment records in 2012.
Malaysia attracted RM162.4 billion in investments in 2012, more than any other year despite the uncertain global economic conditions. This constitutes investments approved in the manufacturing, services and primary sectors. Of the total investments approved, RM127.6 billion (78%) were contributed by domestic investments (DDI) and RM34.8 billion (22%) came from foreign investments (FDI).
The Malaysian Investment Development Authority (MIDA) has entered a new era in its investment promotion strategy with the launch of its new headquarters at KL Sentral and corporate logo by Prime Minister Datuk Seri Najib Tun Abdul Razak today.
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