Urgent.News

What's breaking now, across thousands of outlets.

World

Anwar, Johari-led trade missions generate RM59.5b in potential investments, says Miti

KUALA LUMPUR, Nov 3 — Fourteen official visits and trade and investment missions led by Prime Minister Datuk...

Anwar, Johari-led trade missions generate RM59.5b in potential investments, says Miti

Fourteen official trade and investment missions, led by Prime Minister Anwar Ibrahim and Investment, Trade and Industry Minister Johari Abdul Ghani, were undertaken by Malaysia's trade and investment agencies between 2025 and September 2026. According to the Investment, Trade and Industry Ministry (Miti), these missions resulted in potential investments totaling RM59.5 billion.

Of this amount, RM14.2 billion has already been approved, while the remaining RM45.3 billion is currently under negotiation and being closely monitored. Miti explained that projects typically take 18 to 24 months to become fully operational, depending on their size, complexity, and current economic conditions. Miti assured that MIDA will continue its follow-up efforts to facilitate the translation of identified investment opportunities into actual project implementation.

On the trade front, official visits to countries such as Kenya, Brazil, the United Kingdom, Türkiye, Japan, Italy, France, South Korea, China, Thailand, India, and Russia have produced positive results. These missions have generated RM6.77 billion in exports through high-level engagements. Additionally, MATRADE is expanding its export promotion efforts into new markets in Central Asia, Africa, and Latin America.

During the period from January to September 2026, these three regions witnessed a 23.06 percent rise in exports, reaching a total of RM69.84 billion. Notable market growth was observed in Namibia, which experienced an astonishing 426.1 percent increase, followed by Angola (55.6 percent), Brazil (41.0 percent), Tanzania (35.9 percent), Ethiopia (28.5 percent), and Kenya (11.6 percent).

Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at malaymail.com →

More in World

More from Tuesday 3 November →