Malaysia: RM8.54bil approved investments from BRICS investors in Q1 2025
“[Investment, Trade and Industry] minister Tengku Zafrul Aziz said the approved investments came primarily from China, India, the United Arab Emirates, and South Africa.”
” ‘Of this amount, RM8.23 billion or 96.37% was directed into the manufacturing sector, while RM270 million or 3.63% went to the services sector,’ Tengku Zafrul said in a written parliamentary reply yesterday.”
“He said the approved investments, covering the period of January to March 2025, were expected to generate 3,990 jobs in manufacturing and 2,837 in services.”
“In July, Miti said Malaysia’s total trade with BRICS member countries reached RM818 billion in 2024, representing 35.2% of the country’s total global trade.”
“The ministry also reported that RM104.9 billion in investments from BRICS countries had been realised in Malaysia as of last year.”