Malaysia expects higher approved investments in 2024, beating last year's record

Malaysia is confident of achieving higher approved investments in 2024 after recording an all-time high of RM329.5 billion last year.

Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz said the ministry is yet to finalise the target figure, adding that “we will finetune the target but (expect a) minimum of eight to 10 percent growth in approved investments.”