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The Malacca state covering 1,650 sq. km. with a population of 650,000 with its capital located in Malacca town. The town itself accounts for almost half of the state's population. Overall economic growth for the state is projected at 6% to Y2020. The Malacca State Development Corporation has been very aggressive in attracting new investments, industries to the state creating employment and business opportunities.
In terms of demographics, the Chinese population in the state stands at 28% slightly higher than the national average is significant when considering the buyer growth potential. |
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