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Investment in E&E industry set to hit RM82.4b by 2020.

Business Times (Malaysia)

| September 13, 2006 | COPYRIGHT 1999 Financial Publications Sdn Bhd. (Hide copyright information)Copyright

(From Business Times (Malaysia))

Byline: Marina Emmanuel

TOTAL investments in the country's electrical and electronics (E &E) industry during the 14-year period of the Third Industrial Master Plan (IMP3) is expected to hit RM82.4 billion by 2020.

International Trade and Industry Minister Datuk Seri Rafidah Aziz said an annual investment growth average of 7.2 per cent for the sector has been targeted.

"The average growth rate of exports are expected to total 7.1 per cent per year while exports at the end of the IMP3 period are expected to reach RM738.9 billion," she said at the opening of Infineon Technologies AG's RM3.8 billion first Asian …

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