Malaysia attracted $48.2 billion of approved investments in first nine months of 2023

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KUALA LUMPUR : Malaysia attracted 225 billion ringgit ($48.18 billion) of approved investments in the first nine months of 2023, exceeding its full-year target, the government’s investment promotion agency said on Wednesday.

Foreign direct investment accounted for 55.9 per cent of the total, the Malaysia Investment Development Agency said in a statement.

($1 = 4.6700 ringgit)

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