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Chinese Investment in Malaysia Surges to RM31 Billion, Led by Mega Steel and Energy Projects
Chinese investors poured RM31 billion into Malaysia in 2024 more than double the previous year marking the second-largest inflow of Chinese capital on record, according to new data from Juwai IQI. Major projects like Hebei Xinwu’an’s RM8.1 billion steel plant and EVE Energy’s battery facility are driving industrial growth, job creation, and renewed confidence in Malaysia’s economy. With the Johor–Singapore SEZ and New Industrial Master Plan accelerating high-value manufacturing, Juwai IQI expects another RM30 billion in Chinese investment for 2025, sustaining strong demand in industrial and commercial real estate.
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