Several foreign companies keen on investing in S’gor, says MB

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SHAH ALAM: Several foreign companies have indicated their interest in investing in Selangor.

Mentri Besar Amirudin Shari said the companies from China and Japan wanted to invest in Selangor because of the state's good infrastructure and business climate."There are three factories from China that want to invest more than RM3bil in Malaysia," Amirudin said in reply to Datuk Rosni Sohar at the state legislative assembly session on Tuesday .

According to Amiruddin, in 2018, the quantum of investment that was approved was RM18.9bil, involving RM8.1bil for domestic investment and RM10.8bil foreign investment. Meanwhile, during his turn to debate, Datuk Shamsudin Lias said the state's reserves had decreased under Amiruddin and his predecessor, Datuk Seri Azmin Ali.

 

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Malaysia Malaysia Latest News, Malaysia Malaysia Headlines