RM8.8bil investments for Penang manufacturing sector in Q1


  • Business
  • Wednesday, 17 Jul 2019

GEORGE TOWN: Penang recorded RM8.8bil in total approved investments in the manufacturing sector in the first quarter of 2019 (1Q19), maintaining the state’s reputation as one of top investment destinations in the country.

Deputy chief executive officer II of the Malaysian Investment Development Authority (Mida) Zabidi Mahbar said the investments are 780% higher, compared with RM10bil approved in the same period last year.

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