Malaysiakini
NEWS

UK medical equipment multinational to build facility in Penang

Susan Loone

Published

Penang government announced its second-biggest foreign direct investment this year from a UK multinational medical equipment manufacturing company Smith+Nephew Plc.

Benefitting from the US-China trade war, foreign direct investments into Penang leapt 11 fold to about US$2 billion in the first half of this year, much more than it has attracted in any other full year.

Chief Minister Chow Kon Yeow, who made the announcement, witnessed the exchange of agreement between the company and Penang Development Corporation general manager Mohd Bazid Abd Kahar in Komtar today...

All Access Plan
starting from

~RM12

per month
Subscribe Now
You can cancel anytime.
Get unlimited access to our articles on web and apps
Add comments to our articles
Bookmark articles to read later
We accept
Student or Senior Citizen? Get a special rateGroup / Institutional / Corporate Plans
Already Subscribed?
Sign In