Terengganu recorded RM2.4bn investments in Q1 2024, reaching 57% of its RM4.2bn target, with 65% foreign direct investments led by Japan.
Terengganu recorded RM2.4bn investments in Q1 2024, achieving 57% of its RM4.2bn target set by the East Coast Economic Region Development Council. Investments covered fields like iron & steel, napier cultivation, pulp mills, and food containers, creating 5k local jobs. New committed investments total RM1.02bn, with 65% being foreign direct investments, led by Japan at RM660m.
March 24, 2024
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