COVID–19 NEWS   Two localities in Sabah, one in Kelantan to be placed under EMCO | Laziness to scan MySejahtera a common offence - Johor RTD | COVID : S'pore reduces SHN for new travellers from higher-risk areas to 14 days | COVID: New cases up again, 5,244 reported Wednesday - Health DG | Brazil registers 18 million COVID-19 cases | 
REGION - NORTHERN

Kedah achieves remarkable investment for the first quarter 2021 - MB

11/06/2021 03:28 PM

ALOR SETAR, June 11  -- Approved investment of RM43 billion for Kedah in the first quarter this year is a stunning achievement at a time of gloomy economic outlook globally.

Kedah Menteri Besar Muhammad Sanusi Md Nor said despite the world being plagued by the COVID-19 pandemic, investors still have confidence in Kedah apart from the commitment and determination of government officials at all levels to develop the state as well as the collaboration among all parties including government linked companies, local authorities and federal government leaders.

“Investment in the first quarter 2021 comprised investment in several high impact investment projects and this is expected to increase,” he said in a statement today.

The Ministry of International Trade and Industry (MITI) and Malaysian Investment Development Authority (MIDA) announced recently that Malaysia registered RM80.6 billion worth of approved investments for the first quarter of 2021, a surge of 95.6 per cent from the same period in 2020 with the manufacturing sector leading the investment for the period concerned.

They said that the manufacturing sector was the largest contributor with an investment value of RM58.8 billion involving 246 manufacturing projects where Kedah recorded the highest value of RM42.4 billion followed by Sabah (RM4.3 billion), Selangor (RM4 billion), Melaka (RM3.4 billion) and Johor (RM1.7 billion).

-- BERNAMA

 

 

 


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2021 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy