Penang sees a 73% drop in investments


  • Nation
  • Friday, 22 Mar 2013

GEORGE TOWN: Penang fell to sixth position with a drop of 73% in total investments last year compared to 2011, state Barisan Nasional committee member Ong Thean Lye said.

Quoting information from Mida, he said that Penang suffered “a drastic drop” in total investments from RM9.11bil in 2011 to only RM2.47bil last year.

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Government , Business , investment , penang , mida

   

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