Figures showed that China, which was the top recipient of FDI in the region for the quarter, received 125 investment projects in the period, while India recorded only 65.

Thailand followed India and China with 30 investments, and Malaysia and Australia were not far behind.

Source FDI in the region remains dominated by developed nations, with the US being the largest investor making 102 investments in the quarter. Japan was next most active with 79 projects.