Despite rising competition from other ASEAN countries, Malaysia remains a top global investment destination due to its strong ecosystem, especially in the electrical and electronics sector. Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz highlighted Malaysia's appeal for sustained growth in green and digital economies, supported by abundant resources and a stable investment climate. He noted that while global FDI fell 12% in 2022, ASEAN saw a 5% increase, with Malaysia benefiting from spillovers from neighboring investments, such as AI data centers in Singapore and parts procurement from Vietnam.