RM2bil investments for Johor from China firms

Factory visit: Tee (left) with delegates from Malaysia and representives from a Chinese company visiting a tyre manufacturing factory in Dongying district of the Shandong province in China recently.

DONGYING (SHANDONG): Johor is likely to receive RM2bil in investments from three big Chinese companies – one re-investment and two new investments – this year.

Johor Domestic Trade, Tourism and Consumerism Committee chairman Datuk Tee Siew Kiong said talks were already ongoing between the state government and the three investors to set up operations in Johor.