The Ministry of Investment, Trade and Industry (MITI) has revealed that from 2023 to mid-2024, Malaysia approved a total of RM489.5 billion in investments across various sectors to answer the question given by MP Stampin Chong Chien Jen regarding the total amount of foreign direct investment approved so far and provide detailed figures according to each state. Of this amount, RM262.9 billion (53.7%) was foreign investment (FI), while RM226.5 billion (46.3%) was domestic investment.

Minister of Investment, Trade and Industry, Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, highlighted that foreign investment was a key driver of Malaysia's economic growth, with the most significant investments coming from Penang, Kedah, and Kuala Lumpur. Penang led with RM65.97 billion in approved FI, followed by Kedah with RM54.9 billion and Kuala Lumpur with RM43.79 billion.

Other states such as Johor, Selangor, and Sarawak also saw substantial foreign investments. The data, compiled by MITI and the Malaysian Investment Development Authority (MIDA), underscores the government's commitment to attracting high-quality foreign investments that benefit both the country and its people through increased economic activities and high-value job opportunities.

MITI and MIDA continue to facilitate and streamline the investment process, ensuring that projects are efficiently approved and implemented. Through initiatives like the Invest Malaysia Facilitation Centre (IMFC) and the Project Implementation and Facilitation Office (TRACK), the agencies aim to expedite the approval process for potential investors and ensure successful project implementation.

In addition, MITI and MIDA's ongoing efforts are set to further strengthen Malaysia's position as a leading investment destination in the region, with a focus on ensuring economic growth, business opportunities, and high-quality jobs for Malaysians.