Kedah recorded RM8.5b investments in Q1 2022, state assembly told

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ALOR SETAR, July 18 — The Kedah State Assembly (DUN) was told today that the state has received investments totalling RM8.55 billion as of the first quarter of this year. Kedah...

ALOR SETAR, July 18 — The Kedah State Assembly was told today that the state has received investments totalling RM8.55 billion as of the first quarter of this year.

“Penang recorded RM6.33 billion, followed by Sabah’s RM3 billion. We hope this momentum will continue and I believe we will also achieve another encouraging amount of investments this year, but not as much as in 2021, as 2021 was, in the words of many, ‘special’," he said. Ku Abd Rahman said most of the investments for the first quarter involved electrical and electronics following the semiconductor chips shortage which resulted in companies increasing production.

 

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