Govt to provide RM2bil fund to attract strategic foreign investments


KUALA LUMPUR: The government will provide a special fund of up to RM2 billion under Budget 2022 to attract strategic foreign investments from multinational companies (MNCs).

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said this is especially for MNCs that can complete the industry value chain and drive knowledge-based job creation and development opportunities for local small and medium enterprises (SMEs).

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