Without wasting anytime now, lets continue our previous entry ; )
After Independence day, Malacca have become a land area of only 1,638 sq. meters who practices a two - pronged development via industrialization and also tourism. The state called Malacca started inviting over foreign investors in the early of 70s and since then the state has met with commendable success. By the end of year 1997, the stated had registered a total investment of over RM 16 billion and leading it to over 80,000 job opportunities. 23 industrial estates with nearly 500 factories coming from United States, German, Taiwan, Japan, and also Singapore.
Other than that, the state also keen on the small - scale industries development and to accommodate these industries, a number of estates have been earmarked for them. The Tanjung Kling and Batu Berendam are the Free Trade Zone areas which mean where the imported materials used in manufacture are tax - free. Furthermore, current projection include developing Malacca into a manufacturing state will help Malaysia to achieve as a developed country in 2020.
That's all for now viewer and thank you for lending your time to read my entry. Salam :)
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