
Kedah is in pole position in terms of approved investments, followed by Selangor with RM8.6 billion, Sarawak (RM6.9 billion), Sabah (RM 5 billion) and Kuala Lumpur (RM4.9 billion).
Menteri besar Muhammad Sanusi Md Nor said the achievement was “amazing” with Covid-19 affecting the country and the world at large.
In a statement released by Invest Kedah Berhad today, he said Kedah expected more investments in the second half of the year, boosted by high-impact projects.
Recently, Austria’s AT&S announced plans to build its first production plant in Southeast Asia in Kulim. The company, which builds high-end circuit boards, is expected to invest RM8.5 billion and create some 5,000 high-tech and high-impact jobs.
Kedah has also attracted other infrastructure-related investments such as a RM40 billion reclamation and mixed-use development at Langkawi, and a RM1.3 billion racing circuit on the duty-free island.
Glovemaker Hartalega has also announced an investment of RM7 billion to open 16 factories in Kedah.