BERLIN: Despite competition from other ASEAN countries, Malaysia continues to stand out as a prime destination for global investors, boasting a robust...
: Despite competition from other ASEAN countries, Malaysia continues to stand out as a prime destination for global investors, boasting a robust ecosystem forged over the past five decades, particularly within the electrical and electronics industry.
He noted that during the working trip, Anwar will visit Siemens Energy, a key player in the renewable energy. Global FDI flows declined by 12 per cent to US$1.3 trillion in 2022, after nosediving in 2020 due to the COVID-19 pandemic and rebounding in 2021.Despite the competition to lure trade and investments among ASEAN member countries, Tengku Zafrul said Malaysia stands to benefit in terms of spillovers.