What manufacturing investment value did Penang achieve in H1 2019?

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Penang Achieved RM9.2 Billion in Approved Manufacturing Investments in H1 2019

Penang secured RM9.2 billion in approved manufacturing investments during the first half of 2019. This figure represents 35 per cent of Malaysia's total manufacturing foreign direct investment (FDI) for the period, making Penang the leading state in attracting such investments. The first-half FDI for 2019 significantly surpassed the entire year's FDI for 2018, which stood at RM3.7 billion.
Record Manufacturing Investment Value

The state recorded RM9.2 billion in approved manufacturing investments between January and June 2019. This substantial amount accounts for 35 per cent of Malaysia's overall manufacturing FDI during that same period. The achievement marks Penang as the top state for manufacturing investment within the country.
Surpassing Previous Full-Year Figures

The approved manufacturing investment value of RM9.2 billion in the first half of 2019 is a notable increase compared to previous years. Specifically, this half-year figure already exceeded the total RM3.7 billion in manufacturing FDI that Penang attracted throughout the entirety of 2018. This indicates a strong upward trend in investment during the specified period.
Contribution to National FDI

Penang's RM9.2 billion in approved manufacturing investments constituted a significant portion of Malaysia's total manufacturing FDI. The state's contribution represented 35 per cent of the national total for the first half of 2019. This highlights Penang's crucial role as a hub for manufacturing investment within the country.

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What manufacturing investment value did Penang achieve in H1 2019?

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