Miti maintains investment growth projection at 5% for 2024, says Tengku Zafrul

Published on 18 Jul 2024 8:05:16 PM

The Investment, Trade, and Industry Ministry (MITI) maintains its 5.0 percent investment growth projection for this year, despite the domestic economic recovery environment.

Presenting the ministry’s second-quarter report card on Thursday (July 18), Minister Tengku Datuk Seri Zafrul Abdul Aziz said this target aligns with the GDP growth goal set by the Malaysian Investment Development Authority (MIDA), and highlighted the digital and green economy sectors, along with the services sector, as key drivers of future growth.

Addressing the impact of the strengthening ringgit, Tengku Zafrul noted that it is not the sole indicator for investors, who prioritise long-term prospects and reliability.

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Keywords
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Keywords:
tengku zafrul aziz , miti , investment , gdp , report card , news, tengku datuk seri zafrul abdul aziz, investment, trade, and industry ministry, investment growth, gdp growth, mida, digital economy, green economy, services sector, economic growth, ringgit, investor