FDI up in Malaysian man­u­fac­tur­ing sec­tor

China Daily (Canada) - - SHANGHAI -

Malaysian Fi­nance Min­is­ter Lim Guan Eng said ear­lier this week that for­eign in­vest­ment in the man­u­fac­tur­ing sec­tor re­mains on the rise so far this year with Chi­nese in­vest­ment lead­ing the way. Cit­ing the Malaysian In­vest­ment De­vel­op­ment Authority’s lat­est sta­tis­tics, Lim said ap­proved for­eign di­rect in­vest­ment in the man­u­fac­tur­ing sec­tor surged 250 per­cent year-on-year to 49 bil­lion ring­git ($11.79 bil­lion) in the first nine months. Ac­cord­ing to the state­ment, ap­proved FDI from China led the way at 32 per­cent of the to­tal, fol­lowed by In­done­sia at 18.4 per­cent and the Nether­lands at 17 per­cent.

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