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Malaysia attracts record-breaking approved investments last year

KUALA LUMPUR, March 8 (Xinhua) — Malaysia attracted 306.5 billion ringgit (about 73.28 billion U.S dollars) of approved investments in the manufacturing, services and primary sectors in 2021, up 83.1 percent from 2020, underpinned by higher foreign direct investment (FDI), the Malaysian Investment Development Authority (MIDA) said on Tuesday.

MIDA said in a statement that FDI accounted for nearly 68.1 percent o