Malaysia Foreign Direct Investment 2020

Total investment coming into malaysia this year is unlikely to reach the rm207 9 billion recorded last year.

Malaysia foreign direct investment 2020. Malaysia foreign direct investment for 2017 was 9 37b a 30 45 decline from 2016. In 2020 bnm amended some of the foreign exchange administration notices consolidating approval requirements and streamlining the process of foreign exchange which will allow malaysian corporates to more. In 2018 fdi in malaysia recorded rm32 6 billion as against rm40 4 billion in the previous year. Foreign investment in malaysia has been oscillating between usd 9 billion and usd 12 billion since 2010 making the country one of the highest recipients of fdi in the region.

With a new government in power the country is quickly becoming an attractive investment destination within asean. Although according to unctad s world investment report 2020 fdi inflows decreased during the last two years reaching usd 7 6 billion in 2019. This was the smallest figure since the december quarter of 2009 during the global financial crisis reflecting a severe downturn caused by the covid 19 pandemic. Malaysia is one such country.

The fdi was delivered mainly into the mining quarrying and services sectors particularly. Malaysia foreign direct investment for 2018 was 8 57b a 8 52 decline from 2017. Malaysia foreign direct investment for 2016 was 13 47b a 36 65 increase from 2015. At the launch of the memorandum of understanding mou between standard chartered bank malaysia bhd and the malaysian investment development authority mida mida chief executive officer datuk azman mahmud said that while investment level is anticipated to be.

T he malaysian investment development authority mida signed a memorandum of understanding mou with the united overseas bank malaysia bhd uob malaysia on 10 january 2020 to attract more foreign direct investments fdi into high value added sectors. Malaysia is in a good position to attract foreign direct investment flows. Foreign direct investment fdi is an important focus of developing countries all around the world especially for those looking to boost their economy. Generally the foreign exchange administration rules do not impose any restrictions for foreign investors to invest into malaysia.

The signing ceremony was witnessed by mida deputy chief executive officer ceo i mr. Foreign direct investment fdi in malaysia recorded a value of rm32 6 billion. Malaysia foreign direct investment for 2015 was 9 86b a 7 18 decline from 2014. Foreign direct investment into malaysia plunged to myr 2 23 billion in the june quarter of 2020 from myr 6 37 billion in the previous period.

Kuala lumpur june 11.