SHAH ALAM: Investment in the industrial and manufacturing sectors in Selangor is forecast to shrink by 66% to between RM3bil and RM4bil this year due to lower export activities.
The state recorded about RM11.87bil of investment in the sector last year, up 6% against 2007, said Selangor senior state executive councillor (chairman of investment, industry and trade proftfolio) Teresa Kok Suh Sim.
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