Malaysia
PM says H1 high investment report indicates confidence by investors
Prime Minister Datuk Seri Najib Tun Razak hands over the 2015 Inaugural Fellows to Cabinet ministers at the Perdana Putra building in Putrajaya, July 8, 2015. u00e2u20acu201d File pic

KUALA LUMPUR, Aug 22 — The RM113.5 billion investments recorded in the first half of this year shows confidence in Malaysia’s investor friendly policies, says Prime Minister Datuk Seri Najib Razak.

“New investments recorded for the period of January to June stood at RM113.5 billion. This shows confidence in the government’s investor friendly policies,” he said in his official Twitter today.

The investments surpassed the RM112 billion recorded in the first half of 2014.

On Wednesday, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said 81.1 per cent of the investments were made by domestic investors.

He said the RM113.5 billion were approved for 2,487 projects which is expected to create 101,780 jobs. — Bernama

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