Malaysia secures whopping RM115.56bil in investments

Malaysia secures whopping RM115.56bil in investments

04 Mar 2025

Malaysia has secured an impressive RM115.56 billion in potential investments following 16 Trade and Investment Missions (TIM) and 15 official visits led by Prime Minister Datuk Seri Anwar Ibrahim throughout 2024.

In a written parliamentary reply, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said investments worth RM37.6 billion were approved last year, while RM17.9 billion is expected to be finalised this year.

“Meanwhile, investments amounting to RM59.1 billion are targeted for finalisation between 2026 and 2027.

“The total potential investment may fluctuate over time based on ongoing negotiations and company applications,” he said in response to Datuk Dr Nik Muhammad Zawawi Salleh (PN-Pasir Puteh).

Zafrul said key investment commitments secured through TIMs in 2024 include the electrical and electronics (semiconductor) industry, the chemical sector (petrochemicals and chemical products) and the digital economy (data centres).

He said the ministry, along with its agencies Malaysian Investment Development Authority and Malaysia External Trade Development Corporation, will continue to play a role in monitoring and implementing the investment and trade commitments secured through TIMs.

Source: NST