RM58b investment target for 2020 achievable, says EAC | Malay Mail

Sectors that have gradually recovered include electrical and electronics, food manufacturing, machines and equipment, transport and metal fabrication, noted EAC executive director Tan Sri Noor Azlan Ghazali. — Picture by Choo Choy May

He said Malaysian Investment Development Authority data shows Malaysia has achieved 60 per cent of the target to date. “Confidence that investors in the manufacturing and production sector will return to resume their activities after the Covid-19 pandemic has contributed to the nation’s economic recovery,” he told reporters after a working visit to Sepang Aircraft Engineering Sdn Bhd and Airbus Malaysia Customer Services Sdn Bhd today.

The sector’s transformation to automation and digitalisation would ensure it remains relevant, he said.

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Iskandar Malaysia records RM16b cumulative investment for 1H 2020 | Malay MailJOHOR BARU, Sept 2 — Iskandar Malaysia recorded a cumulative investment of RM16 billion in the first half of 2020 (Jan–June) compared with RM16.75 billion in committed investment in the first half of 2019. The RM16 billion investment brought the main southern development corridor’s total...
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