Malaysia approved RM254.7 billion of investments for the first nine months of 2024 (9M2024), marking a steady 10.7% increase from the previous year. The strong performance reflects Malaysia's sustained economic momentum, propelled by the services, manufacturing, and primary sectors.
Gamuda Land, a regional property developer, has reached a major milestone with its Eaton Park development in Thu Duc City, Ho Chi Minh City, Vietnam. In just eight months since its launch in May 2024, the project has surpassed a Gross Development Value (GDV) of RM2 billion. Phase 1, launched in May, sold out in just two days. Following this success, Phase 2 was launched in December, with bookings six times higher than the available units, showing strong confidence in Gamuda Land’s vision and execution.