KUALA LUMPUR, Sept 4 — The investment performance of the manufacturing sector has not shown any slowdown despite facing global economic uncertainties and the impact of tariff policies, said the Investment, Trade, and Industry Ministry (Miti).
This was evidenced by the achievements of approved investments for 2024, the performance of the first half of 2025, as well as proposed investment projects that are currently being assessed by its agency, the Malaysian Investment Development Authority (Mida).
"The highest approved investments in the country's history in various economic sectors were recorded in 2024 with a value of RM378.5 billion, comprising the services (RM252.7 billion), manufacturing (RM120.5 billion), and primary (RM5.3 billion) sectors.
"This achievement is an increase of 14.9 per cent compared to 2023, which is RM329.5 billion," Miti said in a reply posted on the Parliament website today to a question from Tan Sri Low Kian Chuan in the Dewan Negara regarding investments in manufacturing projects.
Referring to the approved investments in the manufacturing sector of RM68.4 billion, it said it involved 518 projects and was expected to generate 46,690 new job opportunities.
Foreign investments dominated with a total of RM53.3 billion or 78 per cent, while local investments were RM15.1 billion or 22 per cent.
"In addition, as of August 13, 2025, Mida is also evaluating 95 proposed investment projects in the manufacturing sector, totalling RM6.8 billion.
"The implementation status of these projects will be announced every quarter," Miti said.