Published on: Wednesday, January 27, 2021
By: Bernama
Afzanizam
Kuala Lumpur: As investors are still grappling with economic predicaments caused by the year-long pandemic, think tanks believe that as a clearer picture of the country’s growth emerges, a dramatic return in foreign direct investment (FDI) is in sight, though not equivalent to the pre-pandemic level.
Malaysia is no exception in the battle for funds.
According the United Nations Conference on Trade and Development (UNCTAD), global FDI is set to recover only in 2022. It was projected to decrease by up to 40 per cent in 2020, from its 2019 value of US$1.54 trillion, first time since 2005 the FDI slips below US$1 trillion.
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