KUALA LUMPUR: Malaysia has attracted RM285.2 billion in approved investments from January to September 2025 (9M 2025), a 13.2% year-on-year (y-o-y) increase against the same period in 2024.
In a statement today, the Malaysian Investment Development Authority (Mida) said the strong performance was achieved despite global headwinds, including geopolitical tensions, supply chain disruptions and tighter monetary conditions, highlighting Malaysia’s continued appeal as an investment destination.
It said the services sector accounted for the largest share of investments at RM187.9 billion (65.9%), followed by manufacturing at RM93.8 billion (32.9%) and the primary sector at RM3.5 billion (1.2%).
It added that 4,874 projects were approved in the manufacturing, services and primary sectors, which are expected to create 152,766 new jobs, reflecting the scale and sectoral breadth of investors’ interest in Malaysia’s economy.
Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz described the performance as proof that Malaysia’s economic strategy is working, noting that while global capital flows are contracting elsewhere, Malaysia has continued to attract quality investments at scale.
“This reflects the confidence investors have in our political stability and economic vision. When global investors look at Southeast Asia, they are increasingly choosing Malaysia. We are not just competing within Asean – we are setting the benchmark.
“Our focused execution of key missions under the New Industrial Master Plan 2030 is attracting investments, while delivering jobs and upskilling opportunities to power up our transition towards a high-value, knowledge-based economy,” he said.
Meanwhile, Mida said foreign investments (FI) surged 47.5% y-o-y, with gains across three sectors – services (122.0%), manufacturing (9.2%) and primary industries (56.6%), reflecting Malaysia’s competitive fundamentals and the industrial clusters being developed under the New Industrial Master Plan 2030.
It said Singapore accounted for the largest share of FI at RM52.7 billion, followed by China (RM35.8 billion), the United States (RM11.3 billion), the British Virgin Islands (RM6.6 billion) and Japan (RM4.8 billion).
Johor saw the highest approved investments (RM91.1 billion), followed by Selangor (RM51.9 billion), Kuala Lumpur (RM45.9 billion), Penang (RM23.7 billion) and Kedah (RM17.5 billion).
“Johor’s dominance is largely attributed to the Johor-Singapore Special Economic Zone (JS-SEZ) and its proximity to one of Asia’s most advanced economies,” said Mida.
Meanwhile, Selangor and Kuala Lumpur continue to benefit from strong infrastructure and their role as Malaysia’s commercial and financial hub.
Penang’s strength lies in its mature electronics ecosystem, and Kedah is emerging as a beneficiary of northern corridor development initiatives, it said.
Mida said focus sectors under the NIA framework attracted RM137.9 billion, representing 48.4% of total approved investments.
It said these 676 projects are expected to generate 49,488 jobs, demonstrating alignment between investment strategy and national development objectives.
“Projects under the purview of the Ministry of Investment, Trade and Industry (Miti) and Mida accounted for RM159.1 billion, or 55.8%, which includes 1,838 projects which are projected to create 75,068 jobs,” it said.
From January to September 2025, Miti and Mida undertook nine missions, including five trade and investment missions and four official visits led by Prime Minister Datuk Seri Anwar Ibrahim, that covered the United Arab Emirates, United Kingdom, Switzerland, India, Russia, Saudi Arabia, Singapore, the US, Italy, France, China and the Netherlands.
“As at Nov 9, 2025, Mida is facilitating 192 potential projects valued at RM39.0 billion. The services sector leads with 119 projects worth RM24.4 billion, while manufacturing accounts for 73 projects valued at RM14.6 billion.
“Mida is also in discussions regarding an additional RM39.4 billion in high-impact investment leads—signalling sustained investor interest and confidence in Malaysia’s pro-business policies and long-term economic direction,” it added.
Mida CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the strong pipeline projects and investment leads reflect a shift in how investors view Malaysia.
“We are no longer just an option in investors’ diversification strategies – we are increasingly the preferred choice.
“What distinguishes this momentum is the quality of investments we are securing: technology-driven projects in digital infrastructure and advanced manufacturing that position Malaysia deeper into regional supply chains,” he said.
He said the RM39.0 billion pipeline currently being facilitated, along with another RM39.4 billion in advanced discussions, demonstrates that investor confidence remains robust despite external challenges.
Mida said between 2021 and September 2025, the National Committee on Investment approved 4,378 manufacturing projects, of which 85% (3,724) have been implemented, 12% remain in the planning phase, and three per cent were not implemented due to changes in investors’ commercial direction.
Implementation rates remain strong, with over 90% of manufacturing projects approved from 2021–2024 already implemented.
Meanwhile, 87.2% of projects approved in 2024 and 58.7% of those approved between January and September 2025 are progressing – a commendable rate, given their recent approval and the average lead time of 18 to 24 months typical for such developments, added Mida. – Bernama
