Malaysia's Weststar to reassess venture into Iraq

Ismail (front, left) and Agusta Westland CEO Daniel Romiti signing the agreement. With them are (from left) Weststar commercial director Datuk Abdul Aziz Ali, Malaysian High Commissioner to the UK Datuk Ahmad Rasidi Hazizi, Weststar director of business development Datuk Anuar Noordin and Finmeccanica CEO Mauro Moretti.

LONDON: Weststar Aviation Services Sdn Bhd will need to reassess its venture into Iraq as the current conflict and insurgency renders the country very risky, said chief executive officer Tan Sri Muhammad Ismail Jamaluddin.

“We have conducted a feasibility study, which was commissioned by Petronas Carigali Iraq. That study has been accepted by Petroliam Nasional Bhd (Petronas). It is an onshore project. However, it is now on hold because of the situation there,” he said.