MB to meet investors monthly

Saarani says the move is to make the state more investor friendly. - RONNIE CHIN/The Star

PERAK will be strengthening its efforts to attract more investment by holding monthly meetings with investors, says Mentri Besar Datuk Seri Saarani Mohamad.

The planned “Hari Bersama Pelabur” (Meet Investors Day) is a move to make the state more investor-friendly, he said.

“I intend to meet with investors at least once a month so that the state government can interact and hear from investors interested in setting up business in Perak.

“I am confident that this will not only bring in quality investors, but we will also be able to provide comprehensive information, advice and assistance to them,” he said at the state secretariat building.

Saarani, in his speech, also said that the state government’s focus this year was to revitalise the sectors hit hard by the Covid-19 pandemic, including tourism.

“I have been informed that there are plans to intensify the promotion of domestic tourism and prepare for Visit Perak Year 2025.

“To make Perak one of the preferred health tourism destinations, I recommend that all relevant industry players collaborate with one another,” he advised.

Saarani also said that during the tabling of Perak’s 2022 budget, he had mentioned how Covid-19 had significantly impacted the state economy and its people.

He said the implementation of various movement control orders not only increased the state’s unemployment rate, it also reduced purchasing power due to the closure of many businesses, thereby significantly affecting the state’s revenue.

“The decline in revenue collection in the first six months of 2021 limited the state government’s ability to channel more funds towards the 2022 budget.

“However, I have been informed that the latest data dated Dec 31, 2021, showed that the state revenue stood at RM998.46mil, exceeding the total revenue in 2020 (RM983.53mil),” he added.

Saarani said this upward trend was seen beginning in October last year, with the state entering Phase Four of the National Recovery Plan.

The state government, he added, closed the account for 2021 with a surplus of RM23.04mil.

“The surge in revenue was due to several factors, including collection from government-linked companies in December, as well as payment of land tax from the Federal Government totalling RM48.6mil which was paid in stages since November,” he said.

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