GEORGE TOWN: Prime Minister Anwar Ibrahim has poured cold water on caretaker Kedah menteri besar Sanusi Nor’s claim that Infineon Technologies AG’s decision to invest in the state was made some time ago.
At a ceramah here, Anwar said the German company only finalised its decision on its RM25 billion investment to expand its Kulim facility “four days ago”.
“The government is stable now, and investors are coming. More recently it was the German company (Infineon). They came to meet me and Tengku Zafrul Aziz (investment, trade and industry minister).
“The company had sought guarantees (related to the expansion) from the Kedah government in 2021, but in reality, the decision was made four days ago.”
Anwar said Infineon decided to invest in its facility at the Kulim Hi-Tech Park which was set up by the federal government.
Earlier today, Malaysia Gazette reported Sanusi as saying Infineon already decided to expand its facility in Kulim last year.
He said that he visited the Infineon factory in Kulim last year and was briefed on their expansion plans. Sanusi also hit out at the federal government for claiming credit for the investment. - FMT
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