SEREMBAN, Dec 31 — The Negri Sembilan govt is anticipating full investments to reach more than RM9 billion this calendar year, the maximum recorded in the state’s heritage, Menteri Besar Datuk Seri Aminuddin Harun mentioned.
He reported the expense momentum has strengthened in the point out with the Malaysian Financial investment Progress Authority (MIDA) recording authorised investments totalling RM1.48 billion up to the next quarter of 2022.
“In addition, financial investment programs of a further RM6.44 billion have been submitted to MIDA and are awaiting formal acceptance.
“This incorporates RM6 billion from Samsung SDI Power Malaysia Sdn Bhd to build a factory to make electric vehicle (EV) battery cells in Stage Two in Kawasan Perindustrian Tuanku Ja’afar, Senawang.
“If it goes as prepared, the point out govt is self-confident that it will the moment yet again article a record significant whole financial investment of around RM9 billion with (MIDA) established to make an official announcement,” he mentioned in a Fb post.
Aminuddin claimed the condition succeeded in recording investments well worth RM5.76 billion last 12 months, which exceeded its RM5 billion goal irrespective of going through Covid-19 constraints.
The state recorded investments totalling RM7.93 billion involving the production sector, real estate, finance, and trade distribution providers in 2020 as opposed to RM6.77 billion in 2019. — AFP