InvestKL targets to safe 10 MNCs, high-impact firms in 2022

KUALA LUMPUR: InvestKL is focusing on to safe 10 multinational firms (MNCs) and high-impact firms to deliver not less than RM2 billion price of investments into the nation, primarily in Better KL, this yr.

Chief government officer Muhammad Azmi Zulkifli mentioned he anticipated the businesses to be primarily concerned in digital expertise, world providers and progressive choices.

He mentioned InvestKL final yr secured RM2.46 billion investments via 13 world providers hubs, creating 2,281 regional government jobs, making it its finest performing yr within the final decade.

“Of the 13 firms secured in 2021, 60 per cent are from america, the UK and different European nations, whereas the remaining 40 per cent are from Asia,” he advised a press convention to share updates on InvestKL’s annual efficiency right here immediately.

Muhammad Azmi mentioned at the moment InvestKL is within the midst of finalizing the variety of investments in Better KL. Nevertheless, he declined to reveal additional.

“We’re on monitor in securing the investments and are optimistic that it could assist us obtain our projection of RM2 billion funding goal this yr.

“However given the worldwide financial uncertainty, volatility and geopolitical dangers, we do stay cautious concerning the investments,” he added.

In the meantime, Muhammad Azmi mentioned since its inception in 2011, InvestKL had efficiently secured 116 high-growth firms in varied industries, with investments totaling RM18. 3 billion, creating 16,392 regional government jobs.

He mentioned InvestKL was additionally focusing on a complete of RM35 billion cumulative investments in Better KL by 2030.

“Buyers wish to construct a sustainable future whereas pursuing the environmental, social and governance agenda.

“They’re investing in new applied sciences that can assist them to develop responsibly,” he mentioned, including that the corporate can also be working intently with the Ministry of Worldwide Commerce and Trade to place Better KL as an funding gateway into Malaysia.

InvestKL chairman Datuk Seri Michael Yam mentioned the investments secured over the previous decade confirmed that international buyers remained assured in Malaysia’s sturdy fundamentals and progress prospects.

“Our pipeline stays sturdy and we’re nicely poised to advance Malaysia’s sustainable agenda by focusing on excessive stage and area of interest investments,” he mentioned. – Bernama


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