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Asia Today ISSN 1861-4604 Thursday, October 18, 2018

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Investment in Malaysia hit USD12b, breaks record

Looking also the contribution from domestic investors

Share on Facebook February 17, 2014, Reporter : BigNewsNet, Reader : 592

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(MENAFN) Investment in Malaysia hit its highest record ever last year as it increased to USD12 billion, Xinhua reported.

The country's International Trade and Industry Minister said: "We are not only dependent on foreign investments, but also the contribution from domestic investors."

Foreign investors were bringing the country sophisticated technologies in the services and high technology sectors, while domestic investors are important to the real estate, construction and tourism sectors, the minister said.

Malaysia is expected to maintain the robust investment trend this year as the domestic economy is gaining strength.

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