GEORGE TOWN, March 14 -- The Northern Corridor Implementation Authority (NCIA) facilitated an investment of RM13.67 billion for Penang last year, said Penang Chief Minister Chow Kon Yeow.

He said the investments had also created more than 14,000 job opportunities in 2023.

These investments form part of the total investments of RM71.9 billion that Penang recorded last year, he said.

"It cannot be denied that out of the RM71.9 billion in total investments, RM61.7 billion or 85.81 per cent are foreign direct investments (FDI) in the manufacturing sector," he said during an Appreciation Ceremony for Companies Involved in the Centre of Excellence (CoE) Programme, NCER Technology Innovation Centre (NTIC) today.

He said these investment figu...