Media Statement by Ngeh Koo Ham in Ipoh on Tuesday, 27^th July 2010:

Investment in Perak highest during Pakatan Rakyat's rule

Investment was the highest in Perak during the reign of Pakatan Rakyat (PR).

The figures released by Malaysian International Trade and Industry (MITI) for the last 10 years from 2000 to 2009 show that the investment in Perak was the highest when PR ruled Perak.

The investment in Perak in 2008 was RM3,130,017,250. This was despite the fact that PR took over power only after March 2008 and the uncertainty that surrounds the first 2 months of the change of Government after more than 50 years of BN rule. It was also despite the fact that the United States of America and Europe were facing economic crisis in 2008.

Investors were having great confidence in PR after just a short period of its administration. I believe investments would have increased further had it not for the undemocratic grab of power by BN on 6-2-2009.

Due to the grab of power by BN, investments drop drastically in Perak by 71.5% to only RM893,872,874 million in 2009.

Prime Minister, Dato' Seri Najib Bin Tun Razak and Dato' Seri Zambry Bin Abdul Kadir are to be blamed for dashing to pieces the new hope that PR was bringing to the people of Perak. They killed the economic prosperity that was to follow due to the exemplary rule of Pakatan Rakyat Government which was highly praised by the Auditor General's office.

Unemployment and low paying jobs continue to dominate the job market in Perak. The people must teach BN leaders a lesson in the coming 13th General Election for putting personal powers and interests above the welfare of the people of Perak.

* Ngeh Koo Ham, DAP Deputy Secretary General & MP for Beruas