Penang sees RM5bil investments from 4 China MNCs listed in US

The proposed plants will probably be located on Penang island or in Batu Kawan.

GEORGE TOWN: Penang will see some RM5bil worth of investments coming into the state in 2015 from four multinational corporations (MNCs) involved in electronic-based manufacturing activities.

investPenang director Datuk Lee Kah Choon said these were only initial investments that would materialise over the next 12 months.