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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , invest , penang , china , us , listed , MNCs , stocks , shares , economy ,

Next In Business News

DIY homes: A growing trend
Why speculation hurts homebuyers
More fresh paint forl aneways
Ringgit likely to trade within 4.04-4.07 range next week
China equities set to shine
Banks snatch up mortgage bonds
Thai auto gears up, bumps and all
Offering luxury for less
Markets look beyond Venezuela shock
EV dreams, petrol reality

Others Also Read