Foreign Direct Investment In Malaysia 2020
Malaysia s foreign direct investment.
Foreign direct investment in malaysia 2020. Foreign direct investment fdi is an important focus of developing countries all around the world especially for those looking to boost their economy. Kuala lumpur june 11. Foreign direct investment into malaysia plunged to myr 2 23 billion in the june quarter of 2020 from myr 6 37 billion in the previous period. Malaysia is one such country.
Malaysia is considered one of the most attractive countries in southeast asia for foreign investors. In 2018 fdi in malaysia recorded rm32 6 billion as against rm40 4 billion in the previous year. Although according to unctad s world investment report 2020 fdi inflows decreased during the last two years reaching usd 7 6 billion in 2019. The data reached an all time high of 5 5 usd bn in mar 2019 and a record low of 1 0 usd bn in dec 2009.
Foreign investment in malaysia has been oscillating between usd 9 billion and usd 12 billion since 2010 making the country one of the highest recipients of fdi in the region. Although according to unctad s world investment report 2020 fdi inflows decreased during the last two years reaching usd 7 6 billion in 2019. With a new government in power the country is quickly becoming an attractive investment destination within asean. Total investment coming into malaysia this year is unlikely to reach the rm207 9 billion recorded last year.
Foreign direct investment fdi in malaysia recorded a value of rm32 6 billion. Malaysia s foreign direct investment fdi increased by 38 0 usd mn in jun 2020 compared with an increase of 1 2 usd bn in the previous quarter. Foreign investment in malaysia has been oscillating between usd 9 billion and usd 12 billion since 2010 making the country one of the highest recipients of fdi in the region. This was the smallest figure since the december quarter of 2009 during the global financial crisis reflecting a severe downturn caused by the covid 19 pandemic.
05 05 2020 foreign direct investment flows in the time of covid 19 new oecd data reveals fdi flows are expected to fall by more than 30 in 2020 even under the most optimistic scenario for the success ofthe public health and. The fdi flows was in continuous downward trend since 2017 due to lower investment in mining and quarrying sector. At the launch of the memorandum of understanding mou between standard chartered bank malaysia bhd and the malaysian investment development authority mida mida chief executive officer datuk azman mahmud said that while investment level is anticipated to be. According to the malaysian investment development authority mida malaysia recorded foreign direct investments of rm54 7 billion in 2017 in the manufacturing services agriculture mining plantation and commodities sectors 1.