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   How much money did Penang invest in 2023?

   • BERNAMA / pic credit: MEDIA MULIA Penang recorded RM71.9 billion in investment inflows in 2023 -- the highest in Malaysia, driven by foreign direct investments (FDIs) which accounted for RM61.7 billion, or 85.8 per cent of Penang’s manufacturing investment inflows.

   Penang records country’s highest investment inflow in 2023

   themalaysianreserve.com/2024/03/15/penang-records-countrys-highest-investment-inflow-in-2023/

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   How much FDI does Penang have in 2023?

   • In January to September 2023, with the approved manufacturing FDI inflows amounted to RM35.8 billion (year-on-year: 634%), Penang has exemplified its leading role as the top manufacturing FDI contributor for the nation, capturing a 42% share of the nation’s manufacturing FDI for the period.

   [Press Release] Penang’s Resilient Industrial ... - Invest Penang

   investpenang.gov.my/press-release-penangs-resilient-industrial-ecosystem-continued-to-attract-approved-manufacturing-investment-inflow-of-rm38-9b-with-anticipated-recovery-in-the-global-technology-cycle-from-j/

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   How much FdI did Penang get in a year?

   • The Chief Minister said the approved manufacturing foreign direct investment (FDI) inflows stood at an astounding RM35.8bil, signifying an impressive 634% year-on-year increase. "Penang has firmly solidified its position as the leading contributor to the nation's manufacturing FDI, capturing an impressive 42% share during this period.

   Penang records RM44.9bil in total approved investments in ... - The Star

   www.thestar.com.my/news/nation/2023/12/11/penang-records-rm449bil-in-total-approved-investments-in-first-nine-months-of-2023-says-cm

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   How much does Penang contribute to Malaysia's approved manufacturing investment?

   • With DDI recorded at RM3.1 billion (year-on-year: -15%), Penang’s total approved manufacturing investment for the first three quarters of 2023 amounted to RM38.9 billion, making Penang the highest contributor among all states, with 39% share in Malaysia’s approved manufacturing investments in the said period.

   [Press Release] Penang’s Resilient Industrial ... - Invest Penang

   investpenang.gov.my/press-release-penangs-resilient-industrial-ecosystem-continued-to-attract-approved-manufacturing-investment-inflow-of-rm38-9b-with-anticipated-recovery-in-the-global-technology-cycle-from-j/

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2. www.businesstoday.com.my › 2024/03/15 › penangPenang Emerges As Malaysia's Top Investment Destination: RM71 ...

   www.businesstoday.com.my › 2024/03/15 › penang

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   Mar 15, 2024 · The Chief Minister of Pulau Pinang, Chow Kon Yeow announced that the state has recorded the highest investment inflows in Malaysia, totaling RM71.9 billion in 2023. This remarkable growth was primarily driven by foreign direct investment (FDI), contributing RM61.7 billion or 85.8 percent of the state's manufacturing investment inflows during…

3. investpenang.gov.my › press-release-penangs[Press Release] Penang’s Resilient Industrial Ecosystem ...

   investpenang.gov.my › press-release-penangs

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   Dec 11, 2023 · In the third quarter of 2023 (3Q2023), Penang has recorded an investment inflow of RM34.6 billion in manufacturing, up 421% year-on-year. In 3Q23, foreign direct investments (FDI) accounted for RM33.0 billion or 95% of Penang’s manufacturing investment inflow, while the remaining RM1.6 billion or 5% were domestic direct investments (DDI).

4. themalaysianreserve.com › 2024/03/15 › penangPenang records country’s highest investment inflow in 2023

   themalaysianreserve.com › 2024/03/15 › penang

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   Mar 15, 2024 · Penang recorded RM71.9 billion in investment inflows in 2023 -- the highest in Malaysia, driven by foreign direct investments (FDIs) which accounted for RM61.7 billion, or 85.8 per cent of Penang’s manufacturing investment inflows.

5. www.thestar.com.my › news › nationPenang records RM44.9bil in total approved investments in ...

   www.thestar.com.my › news › nation

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   Dec 11, 2023 · The Chief Minister said the approved manufacturing foreign direct investment (FDI) inflows stood at an astounding RM35.8bil, signifying an impressive 634% year-on-year increase.

6. www.businesstoday.com.my › 2023/12/11 › fdi-intoFDI Into Penang Surges 634% To RM35.8 Billion - BusinessToday

   www.businesstoday.com.my › 2023/12/11 › fdi-into

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   Dec 11, 2023 · - December 11, 2023. Penang recorded an influx of RM35.8 billion in approved manufacturing foreign direct investments (FDI), marking an extraordinary 634% year-on-year surge.

7. www.pocketnews.com.my › 2024/01/03 › penang-emergesPenang Emerges as Investment Hub, Attracts RM34.6 Billion in ...

   www.pocketnews.com.my › 2024/01/03 › penang-emerges

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   Jan 3, 2024 · Penang’s stellar performance extends to being the top contributor to Malaysia’s manufacturing FDI, securing a 42% share with a total of RM35.8 billion in approved FDI inflows during January to September 2023, reflecting a significant YoY growth of 634%.

8. www.suara.my › news › malaysiaPenang records RM44.9bil in total approved investments in ...

   www.suara.my › news › malaysia

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   Dec 11, 2023 · Furthermore, Penang’s allure to investors has been evident in the third quarter of 2023, with a remarkable RM34.6 billion investment flowing into manufacturing, predominantly driven by FDI. The substantial influx of FDI reflects the strong confidence international investors have in Penang’s potential and opportunities.