InvestKL expects to attract at least 10 MNCs

InvestKL expects to attract at least 10 multinational corporations (MNCs) to set up their regional establishments in greater Kuala Lumpur this year, amid an anticipated challenging global economy.
InvestKL chief executive officer Datuk Zainal Amanshah said the target, albeit lower than the target set last year, is in line with the looming uncertainties in the prospects of global markets.
InvestKL, which has been mandated by the government to attract and facilitate large foreign multinational investments into greater Kuala Lumpur/Klang Valley, targets to attract a total of 100 MNCs by 2020.
Last year, InvestKL successfully attracted 13 MNCs with approved and committed investments of RM3bil as well as creation of 1,863 regional jobs. Five of the MNCs were from the continent of Europe, five from Asia-Pacific and Gulf regions and the rest from the US.

Read more at http://www.thestar.com.my/business/business-news/2017/03/02/investkl-expects-to-attract-at-least-10-mncs/#sQ4B1sXJV3DzkGbS.99