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Malaysia s investment approval target forecast to hit RM138bil in 2020

Malaysia s investment approval target forecast to hit RM138bil in 2020 Ayisy Yusof © Provided by New Straits Times United Overseas Bank (Malaysia) Bhd (UOB) said the revised forecast is about 32 per cent higher than the actual investments approved during the global financial crisis in 2009. KUALA LUMPUR: Malaysia s investment approval target is projected to reach RM138 billion for the full-year of 2020 following the total approved investments of RM109.8 billion in the first nine-month (9M2020) of the year. United Overseas Bank (Malaysia) Bhd (UOB) said the revised forecast is about 32 per cent higher than the actual investments approved during the global financial crisis in 2009.

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