New agency planned to lure investors


PUTRAJAYA: A new agency, Invest KL, will be established next year to attract 100 multinational companies to invest in the federal capital and the Klang Valley over the next 10 years.

Federal Territories and Urban Wellbeing Minister Datuk Raja Nong Chik Raja Zainal Abidin said the agency would collaborate with the Malaysian Investment Development Authority on the matter.

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