IPOH: Perak recorded impressive investment performance from January to June this year, with total investments amounting to RM3.04 billion across 166 projects, the State Assembly was told today. State Tourism, Industry, Investment and Corridor Development Committee chairman, Loh Sze Yee said out of the total, RM2.85 billion came from domestic investments, while RM184.2 million was from foreign investments.

According to BERNAMA News Agency, the manufacturing sector contributed RM601.5 million from 30 projects, comprising RM457.3 million in domestic investments and RM144.2 million in foreign investments. The services sector accounted for RM2.44 billion from 136 projects, with RM2.40 billion in domestic investments and RM40.0 million in foreign investments. These investments are expected to create 1,560 job opportunities, with 1,249 jobs in the manufacturing sector and 311 jobs in the services sector. Loh Sze Yee shared these details during the question-and-answer session in the assembly.

Loh (PH-Jalong) was re
sponding to a query from Ong Seng Guan (PH-Pokok Assam), who sought insights into Perak’s investment performance, specifically focusing on the industrial sector in Taiping this year.

Meanwhile, Loh highlighted that in Taiping alone, approved investments during the same period reached RM272.7 million, with RM112.3 million from domestic investments and RM160.4 million from foreign investments. These projects, managed under the Malaysian Investment Development Authority (MIDA), include 17 projects that are anticipated to create 277 job opportunities.