According to data from Department of Statistic Malaysia (DOSM), China is the biggest foreign investor in Malaysia’s manufacturing sector since 2016. Previously, in 2015, China was in the fourth position behind United States, Japan and Hong Kong.
Nevertheless, China managed to jump into the first position by increasing its investment from approximately RM2 billion in 2015 to almost RM5 billion in 2016. Whereas, the amount of investment made by United States, Japan and Hong Kong were drastically reduced from 2015 to 2016.
In 2017, China had a slight decrease for its investment in Malaysia but remains at the top with RM3.85 billion invested.
On the other hand, the nation that consistently increase its investment in Malaysia’s manufacturing sector are Switzerland and Singapore. With the constant increment, Switzerland reached the second spot in 2017, with RM2.44 billion invested. Meanwhile, Singapore is not far behind with the amount invested at approximately RM2.31 billion.
Source: Malaysia Indicator