Investor confidence in Malaysia remains strong despite the turmoil surrounding the 1MDB scandal.

In addition, InvestKL Corporation Sdn Bhd CEO Zainal Amanshah said, the group is performing better than last year and is on track to meet its target of drawing at least 10 large multinational corporations to the Greater Kuala Lumpur region this year.

“Investor confidence continues to be there. The fundamentals of Malaysia remain very strong in terms numbers, in terms of GDP, in terms of growth.

“GDP is projected to grow at about five percent or so. The stability will provide for the ongoing maturity of our infrastructure, the cost of doing business, the multilingual talent, and also the lure of Asean - there are a lot of opportunities in Asean, and with Kuala Lumpur and Malaysia being at the heart of Asean...