Malaysia allocates $242m for high value-added tech in Budget 2021

Malaysia allocates $242m for high value-added tech in Budget 2021

Kuala Lumpur, Malaysia. Photo: Pixabay

The Malaysian government has allocated RM1 billion ($242.02 million) as a special incentive package for the high value-added technology sector in a bid to drive new investments into the country as it grapples to recover its pandemic-hit economy.

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