M'SIA WOOS RM21.3 BIL FDI IN 1H OF 2011:: NAJIB

KUALA LUMPUR, Sept 8 (Bernama) -- Malaysia has wooed RM21.3 billion in

foreign direct investments (FDIs) in the first half of this year, Prime Minister

Datuk Seri Najib Tun Razak said today.

"This represents a 76 per cent surge in FDI (inflow) compared to RM12.1

billion in the same period last year," he said.

This clearly showed foreign investors are increasingly looking at advantages

offered by Malaysia.

The world economic forum, in the recent global competitiveness report, also

stated that Malaysia had made significant progress in economic performance.

Among the 142 countries surveyed, Malaysia ranked 21st this year as

compared to 26th last year.

Malaysia also came in second among Asean nations and was placed sixth

among Asia Pacific countries.

"This significant increase in FDI and increasingly positive investor

sentiment on Malaysia''s economic performance bodes well for the country,"

added Najib, who is also Finance Minister.

-- BERNAMA

SM TOM