KUALA LUMPUR (June 21): Malaysia recorded approved investment amounting to RM83.7 billion in the first three months of 2024, marking a 13% increase on the previous year's corresponding period, according to the Minister of Investment, Trade, and Industry Tengku Datuk Seri Zafrul Abdul Aziz.

The total approved investment comprises manufacturing (51.3% or RM43 billion), services (47% or RM39.3 billion) and primary (1.7% or RM1.4 billion) sectors, Zafrul said while officiating Bursa Malaysia’s Centralised Sustainability Intelligence (CSI) Solution at the exchange here on Friday.

Foreign investments (FI) contributed 56.2% or RM47 billion, while domestic investments (DI) contributed 43.8% or RM36.7 billion.

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“Both categories have shown growth compared to 1Q2023 with FI notably increasing by 23.8%, while DI rose by a modest 1.6%,” said Zafrul

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