Germany tops the list

Tuesday August 19, 2008
Germany tops the list

KUANTAN: Germany is the top foreign investor in Pahang with an investment to the tune of RM3.337bil, Mentri Besar Datuk Seri Adnan Yaakob said.

He said other countries which also invested a substantial amount in the state were the United States, United Kingdom and Japan.

“So far, no investors pulled out from the state for whatever reason.

“I have no reason to complain as we’ve been getting about RM1.5bil of investment annually over the last 10 years.

“There is nothing to worry despite claims by certain parties on the economic uncertainties,” he said here recently.

Adnan said up to now, the state had approved a total of 403 projects with investments worth RM24bil which provided some 63,000 job opportunities.

He said out of the figure, RM14.4bil were foreign investors and the remaining RM9.7bil from locals.

“We are in the midst of discussing a mega project related to ICT.

“A piece of land fronting the seas has been earmarked for the purpose of high speed broadband,” he said.

Adnan said the state would continue to be business friendly to attract more foreign direct investment.

He said the one-stop centre had been effective in reducing red tape and streamlining approval for business and project applications.