GEORGE TOWN: The allocation of RM857mil to local companies to invest in high value-added industries will help increase the influx of foreign direct investment as the fund will enable local vendors supporting multinational corporations (MNCs) in the country to further strengthen.
Malaysian American Electronics Industry chairman Datuk S.H. Wong said the move showed that the Government was serious in developing Malaysia into a high-income nation.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
