A total of 984 proposed projects, involving estimated investments of RM105.3 billion, were under negotiation supervised by the Malaysian Investment Development Authority (Mida) as of Aug 31, 2023, said Tengku Datuk Seri Zafrul Abdul Aziz.
When replying to Datuk Seri Jalaluddin Alias (BN-Jelebu) who asked about the investment forecast for 2024 and measures undertaken to distribute investments evenly across the states to avoid a concentration only in the Klang Valley, the Investment, Trade and Industry Minister said Mida will continue to support the promotion of corridors based on regional strengths and look at the needs of every state in line with the government’s aspiration of uplifting economic complexity.
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