InvestKL hopes to attract 13 MNCs this year

InvestKL hopes to attract 13 MNCs this year

PETALING JAYA, July 13: InvestKL aims to attract 13 multinational corporations (MNCs) to invest in the Greater Kuala Lumpur following the 10 MNCs achieved in 2015, with a total investment sum of RM788 million.

“For 2016, our target is to attract 13 MNCs. The second half of the year is looking positive and we are actively in talks with top tier Fortune 500 and Forbes 2000 companies, which have continued to express interest to invest in Kuala Lumpur,” said InvestKL CEO Datuk Zainal Amanshah in a statement yesterday.

“We are in a good position to capitalise on Greater KL’s central location, credibility, cost competitiveness, cultural diversity, game-changing infrastructure development and varied choices of business hubs,” he added.

InvestKL is the government’s investment entity aimed at attracting and facilitating the establishment of MNC regional headquarters into Greater KL.

In its Performance Report 2015, InvestKL said these 10 MNCs also created 672 high-skilled regional jobs.

In the past five years, from 2011 to 2015, InvestKL has drawn 51 MNCs with approved and committed investments of RM5.9 billion as well as the creation of more than 7,000 regional jobs.

To date, 32% or RM1.9 billion of the RM5.9 billion investments have been realised, while 66.9% or 4,786 of the 7,156 high-skilled regional jobs created are already on the payroll.

The report also highlighted the MNCs’ impact in boasting the real estate market in Kuala Lumpur and Selangor, contributing an estimated RM39.9 million in office space rental.