Malaysia secured RM8.54 billion in approved investments from BRICS countries in the first quarter of 2025, according to the investment, trade and industry ministry (Miti).
Its minister Tengku Zafrul Aziz said the approved investments came primarily from China, India, the United Arab Emirates, and South Africa.
He said the figure of RM8.54 billion was based on the “ultimate source” of investment.
“Ultimate source” refers to the country where the investment funds originate, rather than the intermediary country through which they are channelled.
“Of this amount, RM8.23 billion or 96.37% was directed into the manufacturing sector, while RM270 million or 3.63% went to the services sector,” Tengku Zafrul said in a written parliamentary reply yesterday.
He said the approved investments,…