Northern Corridor Implementation Authority attracts RM10.52b in investment for Kedah; exceeds 2021 target | Malay Mail

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Northern Corridor Implementation Authority attracts RM10.52b in investment for Kedah; exceeds 2021 target | Malay Mail
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Northern Corridor Implementation Authority attracts RM10.52b in investment for Kedah; exceeds 2021 target

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ALOR SETAR, Jan 31 — The Northern Corridor Implementation Authority has exceeded its initial investment target for Kedah last year of RM8.6 billion, by 22 per cent to RM10.52 billion, while realised investments have exceeded the initial target by 138 per cent, to RM4.17 billion.

“At the same time, more than 5,000 micro-enterprises and SMEs have been given financial assistance to ensure the continuity of their businesses and livelihoods,” he said in a statement after chairing the State Steering Committee meeting today. “Prime Minister, Datuk Seri Ismail Sabri Yaakob, will officiate KRC in Padang Terap, next week. Once fully completed, KRC will be able to spur Malaysia to regain the status as a world leader in the rubber industry. This will eventually benefit the people of Kedah through new job opportunities and increased economic activities,” he said.

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