Overview

Foreign Direct Investment (FDI) in Malaysia recorded a higher net inflow of RM51.5 billion in 2024, up from RM38.6 billion in the preceding year. In terms of position, FDI stood at RM995.5 billion as at the end of 2024 (2023: RM924.0 billion). Meanwhile, foreign companies operating in Malaysia generated a total income of RM99.8 billion, an increase from RM88.4 billion in 2023. 

The Services sector was the main contributor to FDI flows in 2024, attracting a net inflow of RM39.4 billion, followed by Manufacturing sector with RM9.1 billion and Mining & quarrying RM5.3 billion. Within the Services sector, investments were primarily channelled into Information & communication and Financial & insurance/takaful activities. Meanwhile, the Manufacturing sector was mostly involved in Electrical & electronic products and Non-metallic mineral products, basic metal & fabricated metal products sub-sectors. The main sources of FDI flows were Singapore, Hong Kong and the United States of America (USA).

In terms of FDI position, the  Services sector held the largest share with a total value of RM524.8 billion as at the end of 2024. This was largely fuelled by investments in Financial & insurance/takaful activities, Information & communication, as well as Wholesale & retail trade. The Manufacturing sector was the second-largest contributor amounting to RM400.8 billion, particularly in Electrical and electronic products sub-sector. Singapore, Hong Kong and the USA were the largest investor countries for FDI position. 

The Manufacturing sector continued to generate the highest FDI income amounting to RM54.6 billion, an increase from RM41.8 billion in the previous year. The Services sector followed as second highest contributor of RM36.0 billion, largely supported by Financial & insurance/takaful activities. While investors from the USA, Singapore and Japan gained the highest earnings in 2024. 

The full publication of the Statistics Foreign Direct Investment (FDI) in Malaysia 2024 can be downloaded through eStatistik Portal.

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