At the 55th ASEAN Economic Ministers Meeting, it was revealed that ASEAN saw a record $224 billion in FDI for 2022, defying global trends. To capitalize on this, Malaysia’s Ministry of Investment, Trade, and Industry (MITI) plans to enhance the investor journey, transform the manufacturing sector, and promote sustainable investments. Key strategies include streamlining investment promotion, boosting manufacturing to benefit SMEs and workers, and prioritizing green investments. The upcoming New Industrial Master Plan 2030 and National Industry ESG framework will support these goals.
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