Datuk Mustapa Mohamed, the Minister of International Trade and Industry said that from January to May this year, some RM4.2billion worth of FDI (Foreign Direct Investments) have been received in the country. he said “This was about 10 percent of the RM46.1 billion achieved for the whole of last year. Last year, the FDI at RM46.1 billion was an all time high and a 38 percent increase, following the approval of several large projects involving foreign participation. Foreign investments accounted for 73.4 percent of the total investments of RM62.8 billion approved. In the medium term, Malaysia is expected to continue to draw investments, boosted by the several liberalisation measures announced, with the most recent being the deregulation of the Foreign Investment Committee (FIC) guidelines.”

-Zen, MalaysiaToday