Kedah eyes more investments after hitting record RM20bil in 2Q

KUALA LUMPUR: Kedah is geared up to attract more investments after hitting a record RM20bil in approved investments in the second quarter of 2022, says senior state executive council member (industry and investment, higher education, science, technology and innovation) Datuk Dr Ku Abd Rahman Ku Ismail.

The state has announced Gurun as an investment destination for a new ​​404.686ha industrial area.

Kedah has been proven to be a prime choice for investment and the state is keen to facilitate and attract more local and overseas investments based on the Kedah development plan 2035.

“In Kedah, all investment-related agencies work as a team to facilitate and attract more investments into the state,” he told a press conference at the Malaysian Investment Development Authority Invest series: Unfolding states business potential (Kedah).

Kedah has experienced a tremendous economic transformation from agriculture to manufacturing. For the manufacturing sector, it has the Kulim Hi-Tech Park as a catalyst, which is a well-established technology park in the world. — Bernama

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