Penang investments to slow down in 2020 | The Malaysian Insight

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Penang investments to slow down in 2020

Penang received RM13.3 billion in total approved manufacturing investment between January and September 2019, says Lee Kah Choon, special investment adviser to the Penang Chief Minister. – The Malaysian Insight file pic, January 2, 2020.

DESPITE the rosy performance in approved manufacturing investments in Penang last year, the inflow is expected to slow down in 2020, said Lee Kah Choon, special investment adviser to the Penang Chief Minister. Citing data from the Malaysia Investment Development Authority , he said Penang received RM13.3 billion in total approved manufacturing investment between January and September 2019.

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