PETALING JAYA: Several consortia, including one formed by up to six local tycoons, are currently in negotiation with Khazanah Nasional Bhd on development projects in the Iskandar Development Region (IDR).
Besides a local consortium, two foreign ones had also been formed – one each by investors from the Middle East and Western countries, said Associated Chinese Chamber of Commerce and Industries of Malaysia president Tan Sri William Cheng.
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