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UN Agency: Malaysia Lost FDI At Twice The Rate Of ASEAN Region In 2020
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In 2020, Malaysia lost foreign direct investment (FDI) at twice the rate of the ASEAN region, the Investment Trends Monitor of the United Nations Conference on Trade and Development (UNCTAD) found. Malaysia also bled FDI at a worse rate compared to the contraction of FDI globally.
According to UNCTAD, Malaysia’s FDI last year was down 68% from 2019, amounting to just US$2.5 billion (RM10.1 billion). In comparison, the whole of the ASEAN region only lost 31% on average last year while globally, all FDI contracted by 42%. The total FDI for ASEAN countries last year was US$107 billion while global FDI stood at US$859 billion.
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