What is the total value of approved manufacturing projects from 2016 to June 2021?

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Government Approved RM450.5 Billion in Manufacturing Projects from 2016 to June 2021

The Malaysian government approved a total of RM450.5 billion in proposed investments for 4,545 manufacturing projects between 2016 and June 2021. Foreign direct investment accounted for RM278.8 billion, representing 61.9 per cent of the total, while direct domestic investment contributed RM171.7 billion, or 38.1 per cent. These approved investments are projected to create an estimated 370,883 new job opportunities across the country.
Breakdown of Investment Sources

The total approved investment of RM450.5 billion was a combination of foreign and domestic capital. Foreign direct investment played a significant role, amounting to RM278.8 billion, which constituted the majority share of 61.9 per cent. Direct domestic investment also made a substantial contribution, totalling RM171.7 billion, making up the remaining 38.1 per cent of the approved investments.
Job Creation Potential

The influx of approved manufacturing projects carries significant implications for employment. These investments are anticipated to generate a considerable number of new job opportunities, with an estimated 370,883 positions expected to be created. This figure underscores the potential impact on the labour market and the broader economy.
Leading States for Investment

A substantial portion of the approved investments was concentrated in the top five states. Johor, Selangor, Kedah, Penang, and Sabah collectively received RM326.8 billion in approved manufacturing investments during the period. This concentration highlights specific regions as key hubs for manufacturing development and economic activity.
Specific State Investment Figures

Among the leading states, Johor attracted the largest share of approved manufacturing investments, totalling RM100.9 billion from 2016 to June 2021. Selangor followed with RM72.5 billion, while Kedah secured RM65.2 billion. Penang received RM53 billion, and Sabah attracted RM35.2 billion in approved investments within the manufacturing sector during the specified timeframe.

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What is the total value of approved manufacturing projects from 2016 to June 2021?

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