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Azmin lauds RM8.5b investment by Austrian firm | Malay Mail

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Azmin lauds RM8.5b investment by Austrian firm

KULIM, Oct 30 ― Austria’s AT&S’ choice of Malaysia as the location for its first manufacturing plant in Southeast Asia with an investment of RM8.5 billion proves that the country continues to be a top destination for foreign investors to expand their business.

“This was proven when AT&S decided to come to Kedah and it will create 1,500 jobs among engineers and 4,500 jobs among blue-collar workers. More than 6,000 local youths will get jobs with the facilities built by AT&S here,” he told reporters here today. “This is an important element that needs to be introduced to attract foreign investors to Malaysia and this is what we are doing. As Malaysia is also strategically positioned and being an important member of the Regional Comprehensive Economic Partnership Agreement , it can secure new markets not only in this region but also among RCEP member countries,” he said.

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