Malaysia Attracts New Investments Worth US$3.76 Billion From The US - Minister Azmin

KUALA LUMPUR, May 21 (Bernama) -- Malaysia has managed to attract new investments worth US$3.76 billion (RM16.52 billion) from the United States (US) through the Trade and Investment Mission, led by Senior Minister of International Trade and Industry, Mohamed Azmin Ali recently. “We hope that all these commitments to investments can be finalised in the third quarter of this year, creating employment opportunities for the locals," he said during a press conference on the Trade and Investment Promotion Mission to the US on Saturday. Companies that had committed to invest in Malaysia include Insulet, Ferrotec, Amazon Web Services Inc (AWS) and Cue Health, as well as additional investment projects by Texas Instruments and Boston Scientific. The 10-day Trade and Investment Mission, which kicked off on May 9, had focused on innovative and high value-added new sectors, especially the semiconductor industry, digital economy and medical devices in line with the National Investment Aspirations which focuses on high-quality investments and the latest technology. -- BERNAMA