Penang records highest investment in first half 2019

Penang chief minister Chow kon Yeow giving his press conference at his office in Komtar./Picby:CHAN BOON KAI/The Star/29 August 2019.

GEORGE TOWN: With investments worth RM9.21bil in the first six months of 2019 (H1 2019), Penang has once again taken the top spot among the states in Malaysia in terms of investments.

Citing the Malaysian Investment Development Authority’s (Mida) H1 2019 report on approved projects in the states, Chief Minister Chow Kon Yeow said of the total amount, RM8.07bil was foreign investments while RM506.5 million was domestic, involving 56 projects.