Miti maintains investment growth projection at 5% for 2024, says Tengku Zafrul
The Investment, Trade, and Industry Ministry (MITI) maintains its 5.0 percent investment growth projection for this year, despite the domestic economic recovery environment.
Presenting the ministry’s second-quarter report card on Thursday (July 18), Minister Tengku Datuk Seri Zafrul Abdul Aziz said this target aligns with the GDP growth goal set by the Malaysian Investment Development Authority (MIDA), and highlighted the digital and green economy sectors, along with the services sector, as key drivers of future growth.
Addressing the impact of the strengthening ringgit, Tengku Zafrul noted that it is not the sole indicator for investors, who prioritise long-term prospects and reliability.
Read more at https://tinyurl.com/4x5629uy
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
Presenting the ministry’s second-quarter report card on Thursday (July 18), Minister Tengku Datuk Seri Zafrul Abdul Aziz said this target aligns with the GDP growth goal set by the Malaysian Investment Development Authority (MIDA), and highlighted the digital and green economy sectors, along with the services sector, as key drivers of future growth.
Addressing the impact of the strengthening ringgit, Tengku Zafrul noted that it is not the sole indicator for investors, who prioritise long-term prospects and reliability.
Read more at https://tinyurl.com/4x5629uy
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline