Malaysia gains RM17.5 billion in investments from US-China trade war


International Trade and Industry Deputy Minister Lim Ban Hong says Malaysia has gained RM17.5 billion worth of investments from the US-China trade war. – The Malaysian Insight file pic, July 28, 2020.

THE Malaysian Investment Development Authority (Mida) has attracted 32 projects with investments worth RM17.5 billion to Malaysia via the relocation of foreign companies affected by the trade war between the United States and China.

International Trade and Industry Deputy Minister Lim Ban Hong said this was achieved through the facilitation services provided by Mida to 86 companies from various countries up to May 31.


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