EPF eyes investments in US infra projects, says CEO


EPF chief executive officer Datuk Shahril Ridza Ridzuan says the fund has been constantly receiving offers for its UK assets

KUALA LUMPUR: The Employees Provident Fund (EPF) is looking at investment opportunities in infrastructure projects in the US.

“We already invested in the equities market, and now we are looking at infrastructure assets with good returns because as an institutional fund we are always looking at long-term investment opportunities.

“For instance, in Malaysia, we have invested in Tenaga Nasional Bhd and highway operator PLUS Malaysia Bhd,” said EPF chief executive officer Datuk Shahril Ridza Ridzuan told reporters at a briefing on Thursday.

He also pointed out that the EPF has invested in infrastructure assets in the European region.

He, however, noted that the potential investment in the US infrastructure projects would also depend on the tax structure.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

UOB Kay Hian bags award for Islamic stockbroking
MAA raises stake in KNM Group to 13.5%
Calls for planters to increase use of technology
Wall St set to rise ahead of speeches from Fed officials
Sarawak Cable finds new hope as alternative party is identified
Main Market-bound Feytech IPO public portion oversubscribed
Bursa lifts Awantec's affected issuer status
SC charges Pixelvest and former Infinity Trustee director with unlicensed capital market offences
Ringgit ends firmer against US dollar
InNature buys 'Burger & Lobster' franchise, eyes expansion into F&B Sector

Others Also Read