Penang can hit investment target if travel restrictions lifted, says state adviser | The Malaysian Insight

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Penang can hit investment target if travel restrictions lifted, says state adviser

Invest Penang is optimistic that the state will hit its target of attracting RM5 billion in investments if Covid-19 control curbs are lifted in the first quarter of the year. – The Malaysian Insight file pic, February 19, 2021.

INVEST Penang is positive that the state will be able to achieve its target of attracting investments worth RM5 billion for 2021 if travel restrictions are lifted within the first quarter of the year, said its executive director Lee Kah Choon. The special investment adviser to the Penang chief minister said the lockdown has become a hindrance for due diligence work that is necessary for new investments.

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