Perak Successfully Attracts RM3.04 Billion Investments From January to June 2024

thecekodok


From January to June 2024, Perak recorded an extraordinary achievement in investment growth, attracting RM3.04 billion through 166 projects.


The majority of this fund, RM2.85 billion, came from domestic investors, while foreign investments contributed RM184.2 million.


The manufacturing and services sectors played a significant role in this success bringing in RM601.5 million from 30 projects, with RM457.3 million from domestic investments and RM144.2 million from foreign sources.


Meanwhile, the services sector led the way with RM2.44 billion in 136 projects, comprising RM2.40 billion in domestic investments and RM40 million from abroad.


This surge in investments promises employment, with 1,560 positions projected across the state, 1,249 in manufacturing and 311 in services.


Taiping, a popular hotspot, attracted RM272.7 million in approved investments, culminating in RM112.3 million domestically and RM160.4 million internationally.


This development is expected to create 277 new job opportunities across 17 projects.


State Tourism, Industry and Investment Committee Chairman, Loh Sze Yee, highlighted the role of the Malaysian Investment Development Authority in steering these projects.


This performance reflects Perak’s relentless efforts in boosting its economy and creating job opportunities for the people.

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