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Make sure these FDI projects are not foreign labor intensive

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By value of investments, Penang was first with RM9.1 billion, followed by Selangor (RM8.7 billion), Sarawak (RM8.5 billion), Johor (RM6.6 billion) and Kedah (RM6.1 billion).

Although BN federal government has actively persuaded foreign investors to invest in states controlled by BN, Penang, Selangor and Kedah are still their preferred choice of locations.

This is a big slap on the face of BN and Mustapa.

BN government is again selectively NOT to disclose Malaysia net FDI is still NEGATIVE.

Highest ever FDI for Malaysia

By RUPA DAMODARAN

Foreign direct investments increase by 12.3pc to RM32.9b

KUALA LUMPUR: MALAYSIA attracted RM32.9 billion in foreign direct investments (FDIs) last year, the highest ever recorded, said International Trade and Industry Minister Datuk Seri Mustapa Mohamed yesterday.

The manufacturing sector accounted for the largest share of FDIs, which increased by 12.3 per cent from RM29.3 billion in 2010.

“Just like our total trade performance for last year, 72 per cent of the FDIs came from Asian countries,” he said at the Malaysian Investment Development Authority (Mida) annual media conference.

Last week, he said the country’s total trade for last year was RM1.269 trillion, the highest ever, which […]