Approved investments from Jan-June 2024 up 18 pct to RM160 bln - PM

KUALA LUMPUR: Approved investment inflows into the country from January to June 2024 increased to RM160 billion, representing an 18 per cent growth compared to the same period last year, said Prime Minister Datuk Seri Anwar Ibrahim.

He said that these investments involved nearly 3,000 new projects that will create over 79,000 job opportunities for Malaysians.

"This level of investment has been achieved with the cooperation of all agencies and ministries, such as the Ministry of Investment, Trade and Industry (MITI) and the Ministry of Finance, as well as departments abroad like the Malaysian Investment Development Authority (MIDA)," he said in his speech at the 30th anniversary celebration of Khazanah Nasional Bhd here, today.

Meanwhile, Anwar also criticised previous political decisions that lacked transparency, which gave opportunities for several cronies to destroy a company, particularly companies that are symbols and pride of the nation, such as Malaysia Airlines.

"Due to these mistakes, the company remains a burden to us until day. Do not erase that historical fact. The decisions were made with the intention of protecting the interests of a few cronies and sidelining the interests of the nation and the people," he said.

-- BERNAMA

Read the latest news here