Malaysia secured a record 378.5 billion ringgit in approved FDI last year, an increase of 14.9% versus 2023. "The investments coming in are translating into real economic activity," the minister stressed. However, the outlook for FDI is murky for the Southeast Asian manufacturing hub, especially as U.S. President Donald Trump's protectionist trade policies threaten global economic growth. Hamzah added that state investors' increased commitments to domestic businesses will help expand Malaysia's financial markets and make its capital markets "more vibrant," adding to the country's growth momentum. Hamzah argues that by developing new industries, particularly in high tech, Malaysia will become more resilient in the face of economic uncertainty. (Malaysian Ministry of Finance) Malaysia's economy grew 5.1% in 2024, up from 3.6% the previous year, thanks to robust household spending. The local stock market has boomed, with more companies going public last year. "The energy level in the country has surged," the minister said. "People are spending, investing, and businesses are expanding. This is how we know we're on the right track." Through domestic investments from state funds, Hamzah said the government is looking to diversify Malaysia's economic drivers, expanding the semiconductor, artificial intelligence and data center industries, while continuing to develop traditional sectors such as tourism. He said that even against a backdrop of economic uncertainty, Malaysia continues to benefit from supply chain shifts in industries like semiconductors. "Malaysia has always been an open trading economy, and this reflects the strengths of Malaysia's ecosystem. As global supply chains realign, it's only natural for Malaysia to become a preferred destination," Hamzah said. He also said that by inviting businesses that bring added value to the country and expanding their capacities, Malaysia is building a more resilient economic framework. "This resilience will be what carries us through uncertainties and challenges." (ICE KUALA LUMPUR)

Fonte notizia: 24 marzo 2025, Kuala Lumpur