Johor top state for FDI inflow with RM70.6bil in 2022

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Johor top state for FDI inflow with RM70.6bil in 2022
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JOHOR BARU: Johor attracted the most foreign direct investment (FDI) in the country, a whopping RM70.6bil, last year.

This is a huge improvement over RM6.8bil in 2020 and RM7bil in 2021, said Mentri Besar Datuk Onn Hafiz Ghazi.

ALSO READ: Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded: Tengku Zafrul On Wednesday , it was announced at Mida's Annual Media Conference 2023 that Malaysia recorded approved investments totalling some RM264.6bil from 4,454 projects last year.“There were two large one-off investments in 2021 from Intel and China’s Risen Energy Co Ltd,” he added.

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