UK medical equipment multinational to build facility in Penang

UK medical equipment multinational to build facility in Penang

Malaysiakini - News·2019-11-20 05:08

Penang government announced its second-biggest foreign direct investment this year from a UK multinational medical equipment manufacturing company Smith+Nephew Plc.

Benefitting from the US-China trade war, foreign direct investments into Penang leapt 11 fold to about US$2 billion in the first half of this year, much more than it has attracted in any other full year.

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