Robotic City among RM31bil worth of deals signed

One for the album: Najib and Chinese President Xi Jinping with their wives Datin Seri Rosmah Mansor and Peng Liyuan posing for a photograph during the welcoming banquet for the Belt and Road Forum in Beijing. — Reuters

BEIJING: Malaysia will be a big beneficiary of China’s Belt and Road initiative with nine memorandums of understanding (MoUs) and agreements, including several new deals totalling more than US$7.22bil (RM31.26bil), signed between companies from the two countries here.

The signing of the deals on construction, agriculture, infrastructure, stock exchanges and port cooperation was witnessed yesterday by Prime Minister Datuk Seri Najib Tun Razak, who is here for the two-day Belt and Road Forum for International Cooperation beginning yesterday.