Johor attracted RM43bil in investment last year, state assembly told

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Investment Nouvelles

Johor,FDI,DDI

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ISKANDAR PUTERI: Johor recorded RM43bil worth of investment last year, of which RM31bil was foreign direct investment and RM12bil, domestic direct investment , the state assembly was told.

Investment, trade, consumer affairs and human resource committee chairman Lee Ting Han said the manufacturing sector contributed more than RM9.4bil in FDI, with the main investors coming from Singapore, Taipei and the United States.“The service sector contributed RM28.4bil consisting of RM21.5bil FDI from Singapore, China and South Korea, with a recorded DDI of RM6.8bil,” he said here on Thursday .

“ the manufacturing sub-sector involved electrical and electronics manufacturing, chemicals and chemical products, and machinery and equipment. “Sub-sectors for the service sector included ICT, which involved data centres, cloud sharing services, software and system design, as well as creative and digital content,” he added.Youths in hot water with police after cooking at Genting petrol station

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