RM82.6bil in potential investments from trade missions as of September, Dewan Rakyat told

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RM82.6bil in potential investments from trade missions as of September, Dewan Rakyat told
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KUALA LUMPUR: The FBM KLCI traded lower early Thursday as Wall Street declined overnight, with investors on edge about the Fed's rate-cut outlook in the coming months and the upcoming US presidential election.

KUALA LUMPUR: Malaysia ’s 11 trade investment missions have generated potential investments worth RM82.6bil as of September this year, the Dewan Rakyat was informed.

The trade missions were conducted in Germany, France, Italy, Australia, Saudi Arabia, the United Arab Emirates, Qatar, Japan, India, Singapore, and Thailand.In 2023, RM353.6bil worth of investments were generated through 12 mission trips. Of that, RM32.8bil in approved investments is expected to create more than 6,400 job opportunities.

“Factory projects generally take between 18 to 24 months to be realised, depending on their complexity, scale, and economic conditions,” it said.

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