January 19, 2011
Lim (centre) and other Penang lawmakers gestures after today’s press conference. — Picture courtesy of the Penang government
GEORGE TOWN, Jan 19 — Confidence in the energy, expertise and entrepreneurship of Penang’s human talent made it the top state for capital investments last year with RM12.2 billion invested, said Chief Minister Lim Guan Eng today.
This figure represents a 465 per cent increase from 2009 and made up more than a quarter of Malaysia’s total investments of RM47.2 billion, according to figures released by the Malaysian International Development Agency (Mida) yesterday.
The DAP secretary-general claimed that with the best financial performance, the best state in clean governance, the best green practices and as “the newly-crowned champion amongst all states in attracting investments... Penangites can now proudly say, ‘Penang Leads!’.”
He credited Penang’s success to the hard work of the state’s 1.6 million residents, together with that of the state government as well as federal government agencies such as Mida and the Ministry of International Trade and Industry.
Lim said this was the first time Penang had led other states in investments and was the highest figure ever achieved by the state, totalling 26 per cent of total investments in the country.
He said the success affirms the state administration’s strategy of promoting Penang based on the availability of skilled workers, efficient supply chain management, reliability as a logistics and communications hub, strong protection for intellectual property, good governance, building creativity and innovation in science and technology, and George Town as a liveable and intelligent city.
Yesterday, Minister of International Trade and Industry Datuk Seri Mustapa Mohamed announced a 45 per cent increase in Malaysia’s investment performance from RM32.6 billion in 2009 to RM47.2 billion in 2010.
No comments:
Post a Comment