Budget 2020: Govt to allocate RM1bil on incentives to draw Fortune 500 companies

KUALA LUMPUR: The government will allocate up to RM1bil for customised packaged investment incentives annually over five years to draw international companies to the country, says Finance Minister Lim Guan Eng.

He said this was to attract Fortune 500 companies and global unicorns in high technology, manufacturing, creative and new economic sectors.

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