More investments seen in petrochemical sector


Industry players: Isham (second from left) and Wan Zulkiflee (third from left) visiting a booth after the launching of the Asia Petrochemical Industry Conference 2018. — Bernama

KUALA LUMPUR: The International Trade and Industry Ministry (Miti) foresees stronger flow of domestic and foreign investments into the Malaysian petrochemical sector for the full-year 2018.

Speaking on the sidelines of the Asia Petrochemical Industry Conference (APIC) 2018, Miti secretary-general Datuk Isham Ishak expects total investments in the domestic petrochemical sector this year to exceed the amount approved in 2017 of RM26bil.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , APIC

Next In Business News

Ge-Shen terminates JB land sale
UWC's 1Q net profit rises to RM17.11mil on higher order flows
Aeon Credit issues 11th senior sukuk worth RM200mil
Ringgit continues to climb against greenback ahead of US NFP data
BPMB provides RM97.63mil financing facility to Johor's Coronade Properties
GDB announces board realignment to head expansion into East Malaysia
Velesto divests NAGA 3 jack-up drilling rig for RM258mil
Bursa Malaysia closes higher for fourth consecutive session
PTT Synergy accepts RM35.88mil construction job from Sime Darby Property
Carimin Petroleum unit bags RM33.98mil PETRONAS Gas contract

Others Also Read