China giants to boost stake in M’sia

All smiles: Najib signing the opening plaque at The Peacock Lake Park, which features an advanced sewage water processing system, in Gu’an, China. Looking on are Ong (in gray suit) and other dignitaries. — Bernama

BEIJING: China’s big corporations have expressed interest in expanding their investments in Malaysia, with construction company Country Garden stating plans to invest up to US$100bil (RM418bil) in 20 years.

According to a statement from the Ministry of International Trade and Industry (Miti), China’s corporate giants spoke of their confidence in Malaysia and disclosed their plans at a closed-door roundtable session with Prime Minister Datuk Seri Najib Razak on Tuesday.