In a filing with Bursa Malaysia, Country View said that the acquisition
SHAH ALAM: Invest Selangor Bhd (Invest Selangor) is optimistic of drawing in RM12 billion in both domestic and foreign investments this year although the inflow of investments into the state in the first quarter has been a ''bit slow'', said Chief Executive Officer Datuk Hasan Azhari Idris.
However, he said the investment momentum was still intact and Invest Selangor was right on track to reach the target by year-end.
"First quarter of the year was a bit slow (in terms of manufacturing inflow)...hope in the second half of this year, there will be more aggressive investments coming in," he told reporters after the pre-launch of the Selangor Industrial Ride 2.0 here today.
Hasan said out of the RM12 billion target, the manufacturing sector was expected to bring in both direct foreign and domestic investment of RM7 billion while the services sector would account for the remaining RM5 billion.
Invest Selangor would focus on the five main clusters of electrical and electronics, food and beverages, equipment and machinery, life sciences and transportation handling equipment to attract investments.
He said Invest Selangor would continue its aggressive stance in luring in investors to the state among foreign investors including participating in the Farnborough International Air Show this July in London. - Bernama
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