Digital Economy Boost: ICT Investments Hit RM71.1 Billion in MalaysiaThe services sector continues to drive Malaysia’s economic growth, showcasing resilience and attracting significant investments. From January to September 2024, the sector led approved investments, accounting for RM160.7 billion (Euro 34,89 billion) or 63.1% of the total approvals – a strong indication of its sustained appeal to investors. These investments are expected to create 100,914 new jobs. One of the standout ventures is Nur Renewables Sdn. Bhd. Based in Kulim, Kedah, the company invests RM250.0 million (Euro 54,28 million) to build, own, and operate a large-scale solar farm, supplying renewable energy to the distribution licensee. This initiative supports Malaysia’s green energy goals and demonstrates the integration of advanced technologies in line with Industry 4.0 principles Malaysia’s Manufacturing Sector Attracts RM88.8 Billion (Euro 19,28 billion) in Investments Over Nine MonthsThe manufacturing sector remains the cornerstone of Malaysia’s industrial growth, attracting RM88.8 billion in approved investments in the first nine months of 2024. Foreign Investments (FI) led the way, contributing RM66.9 billion (Euro 14,53 billion) (75.4%), while Domestic Investments (DI) accounted for RM21.9 billion (Euro 4,75 billion) or 24.6%. This underscores the sector’s dual ability to attract substantial foreign capital while nurturing domestic entrepreneurship. The approved investments span 800 projects, poised to generate about 58,017 job opportunities, with 81.2% (47,112 jobs) reserved for Malaysians.Primary Sector Reflects Positive OpportunitiesThe primary sector adds depth to Malaysia’s investment landscape, recording RM5.2 billion (Euro 1,13 billion) or 2.0% of the total approved investments, spanning across 44 projects. This sector focuses on mining (RM4.5 billion) (Euro 0,98 billion), agriculture (RM675.7 million) (Euro 146,71 million) and, plantation and commodities (RM19.1 million) (Euro 4,15 million). These approved projects will create 416 new jobs.MIDA Pursues RM62.0 Billion (Euro 19,1 Billion) in New High-Value Investment ProjectsThe drive to attract quality and sustainable investments into Malaysia continues to span across borders. Over the first nine months of 2024, MITI and MIDA have spearheaded 15 high-level overseas missions, complemented by strategic working visits led by the Prime Minister, YAB Dato’ Seri Anwar Ibrahim. These initiatives have created pathways for new investment opportunities worldwide. The outlook remains promising. As of 7 November 2024, MIDA is actively pursuing 1,477 proposed projects worth RM62.0 billion (Euro 13,46 billion), comprising 1,413 projects in the services sector (RM48.8 billion) and 64 projects in the manufacturing sector (RM13.2 billion) (Euro 2,87 billion). Additionally, MIDA is in discussions with prospective investors for high-potential leads valued at RM70.6 billion (Euro 15,33 billion). The approved investments for 9M2024 align with Malaysia’s impressive Q3 GDP growth of 5.3%, driven by robust investment activities. MIDA emphasizes that successful project implementation will enhance the country’s macroeconomic performance and create positive ripple effects for communities nationwide. (ICE KUALA LUMPUR)

Fonte notizia: 13 Gennaio 2025