2023-08-21 12:35
US COMPANIES PLEDGE US$100 BLN INVESTMENT IN MALAYSIA IN 18 MONTHS -- US AMBASSADOR
US Ambassador to Malaysia Brian McFeeters KUALA LUMPUR, Aug 21 (Bernama) -- United States (US) companies have made investment pledges totalling US$100 billion (US$1=RM4.65) in various sectors in Malaysia over the last 18 months, US Ambassador to Malaysia Brian McFeeters said. He said these are significant investments in areas where the US wants to strengthen its presence, namely electronics and semiconductor sectors, as well as data centre segment which is a big growth area. 'US investments are really coming strong into Malaysia and that is good for the US because we found out during the COVID-19 pandemic that Malaysia is a key part of the world's supply chain.

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