Business and Finance

Is KL Still an Attractive Investment Destination? This InvestKL Director Shares His Thoughts


InvestKL has set themselves a task of attracting up to 100 new multinational companies to Kuala Lumpur by 2020. But with the weakening ringgit, is KL still an attractive proposition for foreign investment?

InvestKL senior director Daniel Teng says multinationals still find Greater Kuala Lumpur an attractive investment destination despite the broader market volatility. He also tells Bloomberg TV Malaysia’s Sophie Kamaruddin that KL will soon be home to another Fortune 100 company.

Watch the video to find out more:

Read More: The US Dollar to the Malaysian Ringgit Hits Over 4.42 for the First Time Since 1998

Source: Bloomberg TV, Youtube


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