KUALA LUMPUR: Malaysia has significant investments in the United States including RM34.4bil (US$8.2bil) across several sectors, says Prime Minister Datuk Seri Anwar Ibrahim.
He said these investments span the energy, chemical, food, logistics, and high technology sectors.
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“In addition, investments linked to the Malaysian government in the US bond and capital markets amount to RM182.7bil (US$43.5bil),” he said during the special Dewan Rakyat sitting on Monday (May 5).
“These bilateral investment commitments are mutually beneficial and prove that Malaysia is not merely a trading partner but also an active contributor to US economic growth,” he added.
The US accounted for 11% of Malaysia’s total trade, with trade between the two countries in 2024 amounting to RM325bil.
Malaysian exports to the country stood at RM199bil, accounting for 13% of total exports.
Imports from the US were valued at RM126bil, representing 9% of total imports.
Malaysia recorded a trade surplus of RM72bil with the US.
“In terms of investment, the US is the biggest foreign investor in Malaysia. Since 1980 until last year, a total of 974 manufacturing projects involving US investors worth RM166bil have been established, creating over 200,000 jobs for Malaysians,” he said.
More to come.