KUALA LUMPUR, Oct 16 — A total of 984 proposed projects, involving estimated investments of RM105.3 billion, were under negotiation supervised by the Malaysian Investment...
Bandar Menjalara's Mangkuk by GC will rock your world with their awesome 'hong bak' and tomato 'masala' fish
Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz said foreign direct investments made up RM89.5 billion of the total while direct domestic investments comprised RM15.8 billion. He was replying to Datuk Seri Jalaluddin Alias who asked about the investment forecast for 2024 and measures undertaken to distribute investments evenly across the states to avoid a concentration only in the Klang Valley.Tengku Zafrul said that to reduce the investment gap among states, the New Investment Policy based on the National Investment Aspirations has outlined the importance of balanced regional development.
According to the minister, the industrial clusters in the states will complement each other in terms of strengths and provide economic spillover benefits.“As an example, Kedah and Perak can benefit from the economic spillover from the electrical and electronics cluster in Bayan Lepas and Batu Kawan .
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