Kota Kinabalu: The National Investment Committee (NCI) has approved a manufacturing project worth RM2 billion which will be located at the Kota Kinabalu Industrial Park, said Minister of International Trade and Industry Datuk Darell Leiking.
Leiking said the NCI had approved four projects worth RM5.4 billion in the manufacturing sector in Sabah, Johor, Selangor and Penang.
“One of the projects approved was a RM2 billion investment by a multinational glass company to produce float and photovoltaic glasses at the Kota Kinabalu Industrial Park,” said Leiking on his Facebook page Friday.
“The investment is expected to create about 1,000 jobs. We hope to attract more investments in the near future.”
The Penampang MP said in the first nine months of 2019, Malaysia recorded RM149 billion in approved investments in the services, manufacturing and primary sectors, 4.4pc higher than the RM142.6 billion approved in the same period last year.
The investments involved 4,025 projects and created an additional 93,841 job opportunities, he said.