China Fdi In Malaysia Statistics
Chinese foreign direct investment fdi in malaysia increased after 2014 and is spread over diverse sectors.
China fdi in malaysia statistics. Mohd uzir mahidin chief statistician malaysia department of statistics malaysia. Foreign direct investment into china rose 5 2 percent year on year in the first nine months of 2020. Overall foreign direct investment in malaysia. Considering september only fdi jumped 25 1 percent.
Approved chinese fdi in the manufacturing sector totalled rm20bil last year. Rm38 2 billion to attain position at rm467 5 billion at the end of 2014 2013. National bureau of statistics of china annual flow of foreign direct investments from china to malaysia between 2008 and 2018 in million u s. As at end of 2018 the accumulated of fdi in malaysia increased to rm631 2 billion 2017.
Foreign direct investment in china averaged 461 56 usd hml from 1997 until 2020 reaching an all time high of 1367 10 usd hml in december of 2019 and a record low of 18 32 usd hml in january of 2000. The statistic shows the net fdi flows from china to malaysia between 2012 and 2019. According to the ministry of finance fdi stock rose by 10 3 to usd 163 8 billion in the second quarter of 2019. China s accumulated fdi in malaysia stood at rm170 4bil or 2 7 of total fdi outstanding at end 2018 according to serc.
In manufacturing china uses malaysia as an export platform to other countries with mimetic entry that is aided by fiscal and non fiscal incentives offered by malaysia. Foreign direct investment into malaysia plunged to myr 2 23 billion in the june quarter of 2020 from myr 6 37 billion in the previous period. The fdi was delivered mainly into the mining quarrying and services sectors particularly. Singapore japan and hong kong were the top countries for fdi position.
At the centre of these investments is the belt and road initiative bri an ambitious plan to increase regional connectivity and. Rm595 5 billion supported by services and manufacturing sectors. In fact china was the top fdi source for three years in a row and has heavily invested in the manufacturing industry. Malaysia continues to be an attractive investment destination amid rising trade tensions across the world.
This was the smallest figure since the december quarter of 2009 during the global financial crisis reflecting a severe downturn caused by the covid 19 pandemic.