Penang received RM5.4bil last year, says state investment body


GEORGE TOWN: Penang’s drop in investment figures was mainly caused by two principal factors, one of which being the global slowdown in the electronics industry, says investPenang director Datuk Lee Kah Choon.

“The other is that Mida’s investment figures for 2012 did not include the RM2.9bil recorded by the Northern Corridor Investment Authority (NCIA),” he pointed out.

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Business , investpenang

   

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