Malaysia's foreign direct investment up 3.1 pct in 2019

By：xinhua Update：2020-06-11

KUALA LUMPUR, June 11 (Xinhua) -- Malaysia's foreign direct investment (FDI) rose 3.1 percent year on year to 31.7 billion ringgit (about 7.45 billion U.S. dollars) in 2019, official data showed Thursday.

Malaysian Statistics Department said in a statement that the FDI growth was due to higher injection of equity from Japan, precisely in health activity.

Malaysia's accumulated FDI increased to 691.6 billion ringgit.

The FDI flows were mainly channelled to services sector, particularly in health, real estate and financial activities.

Major contributors by market for FDI flows were Japan, China's Hong Kong Special Administrative Region (SAR), and the Netherlands.

The accumulated FDI was mainly driven by services and manufacturing investment, mainly from Singapore, the Hong Kong SAR and Japan. Enditem