MNCs in Penang are assured that the lease on their industrial land will be extended as the state wishes to retain investments.
THE Penang government wants to extend the land lease on industrial plots for another 60 years but the premium and its implication on cost of operations has to be studied.
Chief Minister Chow Kon Yeow said the government wanted to keep all industries in the state, hoping that they would expand their operations and create more jobs.
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