Zafrul: Govt targets 20pct growth in FDI, DDI this year

The government is targeting a 20 percent growth in foreign direct investment (FDI) and domestic direct investment (DDI) this year, up from the RM163.3 billion and RM101.3 billion recorded in 2022, respectively.

International Trade and Industry Minister Tengku Zafrul Abdul Aziz said that although this is a tall order given the challenges, investments are more long-term in nature and companies that look into Malaysia would look at a longer time horizon...