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FDI in Malaysia up RM24.1b to RM836.2b in 2Q22

FDI in Malaysia up RM24.1b to RM836.2b in 2Q22

12 Aug 2022

Foreign direct investment (FDI) in Malaysia expanded by RM24.1 billion to record RM836.2 billion as at the end of the second quarter of 2022 (2Q22), compared with RM812.1 billion in 1Q22.

In a report released by the Department of Statistics Malaysia, the manufacturing sector remained the largest recipient, with a value of RM360 billion or 43.1%, followed by financial activities at 22.7% (RM189.8 billion), while wholesale and retail trade chalked up 6.3% (RM53 billion).

Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said the sources of FDI were largely from the Asia region, which amounted to RM431.1 billion or 51.6%, mainly from Singapore and Hong Kong, followed by Europe and the Americas.

“Singapore remained as the biggest FDI [source], accumulating 20.8% or RM174.1 billion, followed by Hong Kong at 10.9% (RM91.1 billion), the US which contributed 10.8% (RM90 billion), and Japan which recorded 10.3% (RM84.2 billion),” he said.

Meanwhile, Malaysia’s international investment registered net assets of RM62 billion for the period under review, compared with net assets of RM47.3 billion in 1Q22.

Total financial assets increased to RM2,164.8 billion, while total liabilities rose to RM2,102.8 billion.

Malaysia’s direct investment abroad (DIA) increased to RM577.4 billion, from RM551.7 billion at the end of the previous quarter.

The investment was largely in financial activities, which contributed 42.5% or RM245.2 billion, followed by mining and quarrying (12.4%), and manufacturing (9.7%). 

The top three DIA destinations were Singapore, with a value of RM118 billion or 20.4%, followed by Indonesia (RM59.8 billion or 10.4%), and the Cayman Islands (RM35.5 billion or 6.1%).

Source: Bernama

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