Kedah PH Govt attracts investments worth RM7.75 bil in 1Q 2019

ALOR SETAR (May 9): The ability of Kedah’s Pakatan Harapan (PH) Government to bring in foreign investments worth RM7.75 billion in the first quarter of this year, is among its huge accomplishments for the State so far. With this achievement, Kedah is on track to realise its RM10 billion investment target for the year, and the realisation of its proposed mega project, Kulim Airport (KXP), will put the State on foreign investors’ radar. Quoting the Malaysian Investment Development Authority (MIDA)’s report, Menteri Besar Datuk Seri Mukhriz Tun Mahathir said in 2017, Kedah had only received RM1.16 billion worth of investments from both domestic and foreign investors, while last year it recorded RM1.63 billion.  

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