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Wednesday, May 21, 2008

Selangor secures RM5b investment

SELANGOR has locked in RM5 billion investment from a European company for its Science Park 2, Menteri Besar Tan Sri Abdul Khalid Ibrahim said.

"It is a 25.2-hectare development and construction of the (manufacturing plant) started last week,” he said at the last day of World Congress on Information Technology 2008 in Kuala Lumpur today.

He, however, declined to disclose the company’s name but said it was related to information and communications technology and manufacturing.

Last year, Science Park-2 received a total of RM6 billion investment from American, Japanese and European companies.

Besides the latest investment, he said, Selangor is confident of attracting more investors.

"In June, I will meet international investors to promote the benefits of investing in the state,” he said.

By Bernama

2 comments:

Alfredrichh Kok said...

Property price is anticipated to rise from 2009, due to Global Oil crunch.

Production may not increase due to lesser demand but also due to increased development and construction cost, the selling price will have to go up.

So this year is the best time to buy your house and property.

Alfredrichh Kok said...

Property price is anticipated to rise from 2009, due to Global Oil crunch.

Production may not increase due to lesser demand but also due to increased development and construction cost, the selling price will have to go up.

So this year is the best time to buy your house and property.