IPOH, Sept 27 — Perak recorded foreign investment of RM4.398 billion in the first quarter of the year, the state’s highest since 2020, the state assembly was told today. Perak...
IPOH, Sept 27 — Perak recorded foreign investment of RM4.398 billion in the first quarter of the year, the state’s highest since 2020, the state assembly was told today.
“Meanwhile, for the years 2021 and 2020, the amount of foreign investment recorded was at RM4.311 billion and RM1.220 billion respectively,” he said. Loh also pointed out that the state had received an encouraging amount of investment since 2020 based on the investment statistics approved and announced by the Ministry of Investment, Trade and Industry .
On the matter of investors deciding not to invest in Perak, Loh said it was due to global market pressures where changes in terms of supply and demand occur.Loh also said that changes at the management level for large investor companies that are outside the control of the state government are also among the reasons why investors are giving the state a miss. “Investors who intend to invest in Perak will consider many criteria.
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