NCI approves five manufacturing and services projects worth RM4.6bil


KUALA LUMPUR: The National Committee on Investment (NCI) has given approval to five approved manufacturing and services projects worth RM4.6 billion located in Penang, Kedah and Pahang.

The approval on Jan 30 was for investments in the electrical and electronics, machinery and equipment as well as automotive industries with 97.3 per cent of the investment came from Singapore, Hong Kong and the United States (US).

The remaining approved investment was from a Malaysian Integrated Circuit (IC) Design company, according to the NCI in a statement today.

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