The Star - June 1, 2008 By HAH FOONG LIAN
The Perak Government must prove that the RM21.8bil foreign investments are from new inves-tors and not the ones announced by the previous Barisan Nasional state government, said Pangkor assemblyman Datuk Dr Zambry Abd Kadir.
“Show us proof of new investments that came into Perak since the new government took over power in March,” Dr Zambry said yesterday when responding to the statement by state Education, Local Government, Housing and Public Transport Committee chairman Nga Kor Ming.
Nga had said on Friday that fo-reign investors had shown confidence in the new government and that it was considering investments valued at some RM21.8bil, including RM16bil investments from Qatar’s Gulf Petroleum and RM1.5bil from First Solar Incorporation of the Uni-ted States.
Likening Nga’s announcement to the Malay proverb lembu punya susu, sapi dapat nama (getting credit for work done by others), Dr Zambry said Gulf Petroleum had already shown interest to invest in Perak when Barisan was in power.
“When the Barisan lost in the ge-neral election, Gulf Petroleum wanted to withdraw but we advised them to stay for the sake of development of Perak and progress of the people,” said Dr Zambry, who is also a former state executive councillor.
Out of the RM22bil announced, Dr Zambry urged Nga to show which ones were signed by the new government.
“From what I had gathered, inves-tors are actually more worried about investing in the state because of the fragile government now,” he added.