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Penang sees RM8b investments

GEORGE TOWN: Penang is expected to rake in over RM8bil investments this year, nearly double the amount of RM4.77bil in 2007.
InvestPenang executive committee chairman Datuk Lee Kah Choon said from January to August, the state had attracted RM6bil in investments.
“About 77%, or RM4.77bil of the amount, came from local investors. These investments were mainly in the manufacturing sector,” he said at the opening of Surface Mount Technology Association (SMTA) conference.

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