Announced the establishment of an FDI monitoring committee

On April 5, 2023, the Malaysian Government announced the establishment of a committee to oversee investments. This committee, facilitated by the Ministry of International Trade and Industry (MITI), aims to monitor the execution of Memorandums of Understanding (MoUs) between Malaysian companies and foreign entities. By doing so, the Government seeks to identify necessary actions, understand challenges faced by investors, and gain insights into both successful and unsuccessful investment endeavors. The committee's responsibilities include tracking the variance between approved MoUs, announced foreign direct investment (FDI), and actual realized FDI; monitoring the transition from approved MoUs to implemented FDI projects; and investigating the reasons behind any hindrances encountered during FDI implementation.

• Type:

  • Promotion and facilitation (Investment facilitation )

• Industry:

  • Not industry specific

• Sources:

  • Government of Malaysia, Set up committee to monitor investments: Johari Ghani, https://www.mida.gov.my/mida-news/set-up-committee-to-monitor-investments-johari-ghani/, 05 Apr 2023
  • vietnamplus, Malaysia reinforces investment supervision, https://en.vietnamplus.vn/malaysia-reinforces-investment-supervision/251134.vnp, 06 Apr 2023