PETALING JAYA: Malaysia achieved foreign direct investment (FDI) net inflow of RM40.4 billion in 2023 while direct investment abroad (DIA) totalled RM...
Malaysia achieved foreign direct investment net inflow of RM40.4 billion in 2023 while direct investment abroad totalled RM40.6 billion according to the Department of Statistics Malaysia.
However, the cumulative value of foreign investment, known as the FDI position rose to RM926 billion at the end of 2023, making up 50.8% of gross domestic product , primarily attributed to non-transaction categories. The manufacturing sector remained the highest contributor to total income despite lower net inflow, generating RM41.9 billion, largely driven by the electrical, transport equipment, and other manufacturing sub-sectors. Cumulatively, both services and manufacturing sectors significant value in position, with RM468.2 billion and RM391.3 billion, respectively.
Seemingly, the services sector remained the primary contributor of DIA in 2023 by registering the accumulated position at RM461.1 billion, trailed by mining and quarrying at RM80.5 billion and manufacturing at RM60 billion.
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