Malaysia recorded total approved investments of RM329.5b in 2023, 23% higher than in 2022 – PM Anwar

KUALA LUMPUR – Malaysia recorded total approved investments of RM329.5 billion in 2023 which is 23.0 per cent higher than in 2022 and is the highest approved investment in the country’s history.

Prime Minister Datuk Seri Anwar Ibrahim said of the total investments, foreign investments were the main contributor at 57.2 per cent compared to domestic investments of 42.8 per cent.

“This excellent performance is supported by an increase of 35.1 per cent for domestic investments and 15.3 per cent for foreign investments,” he said in a media statement today. – BERNAMA / pic TMR FILE