US-China conflict: Mida attracts RM8.3b in projects via relocations to M'sia

PARLIAMENT | The Malaysian Investment Development Authority (Mida) has attracted 32 projects with investments worth RM17.5 billion to Malaysia via the relocation of foreign companies affected by the trade war between the US and China.

International Trade and Industry deputy minister Senator Lim Ban Hong (above) said this was achieved through the facilitation services provided by Mida to 86 companies from various countries up to May 31.