Malaysia has been ranked as Asia’s emerging and developing countries in terms of overall investment conditions the Milken Institute’s Global Opportunity Index (GOI) 2024 report. The country ranked 27th globally – surpassing regional powerhouses like Thailand and China.
The Malaysian Investment Development Authority (MIDA) issued a press statement acknowledging this as a landmark achievement; with one particular achievement that was highlighted in the report was that Malaysia emerged as a standout among the top 10 countries in emerging and developing Asia. Boasting a strong institutional framework and balanced strengths across economic, financial, and regulatory domains.
MIDA attributed the ranking to Malaysia’s relentless effort enhancing the ease of doing business and smoothing out the investment process across the nation. With the Ministry of Investment, Trade and Industry (MITI) leading the charge, Malaysia’s dedication to extensive trade and investment missions to forging international partnerships has unlocked potential investments worth billions.
Striving for excellence and improvement
“MIDA is dedicated to building upon this success by continually enhancing our services and support systems for investors. Our goal is to not only maintain Malaysia’s position as a prime investment destination in Asia but also to elevate our standing on the global stage. We are devoted to making Malaysia the ultimate investment sweet spot by ensuring a more seamless and efficient investment process across the nation,” said Datuk Wira Arham Abdul Rahman, Chief Executive Officer of MIDA.
In alignment with the sentiments expressed by the MITI Minister YB Senator Tengku Datuk Seri Zafrul Abdul Aziz, MIDA reiterates its commitment to addressing the key pain points along the investor’s journey and optimising the investment climate in Malaysia.
The post MIDA Celebrates Malaysia’s Ranking In Global Investment Conditions appeared first on iMoney Malaysia.