PUTRAJAYA: 1Malaysia Development Bhd (1MDB) and Qatar Investment Authority (QIA) have signed a MOU to capitalise on opportunities in the energy and real estate sector in the Klang Valley that would be worth billions of ringgit.
A joint committee would be established between 1MDB and QIA to assess the viability of energy and real estate opportunities along with other investments with the QIA proposing to invest US$5bil.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
