The investment minister says the RM132 billion in investment so far was higher than projected, with half coming from domestic investment.
Tengku Zafrul Aziz said a RM200 million budget allocation for the industrial master plan would help support companies moving up the value chain.
Tengku Zafrul Aziz, the minister for investment, trade and industry, said RM132.6 billion of investment was recorded in the first half of this year, or about 60% of the 2023 investment target, Bernama reported. He said there is a positive correlation between foreign and domestic investment because of the spillover effect.
He said there were four key missions to be tackled, one of which was “to advance economic complexity.
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