Malaysia remains attractive to global investors amid strong ecosystem

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Malaysia remains attractive to global investors amid strong ecosystem
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BERLIN: 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.

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