Several countries express interest to invest in Borneo

  • Business
  • Friday, 14 Sep 2018

SINGAPORE: Several countries have expressed their interest to invest in Malaysia particularly in Borneo, revealed Malaysia's International Trade and Industry Minister Darell Leiking.

Without naming the countries and industries that they may venture into, the minister said the interest may be translated into new investments and injection of additional investments into existing operations.

“They are keen to invest particularly at the Borneo border linking Indonesia and Brunei,” he told Bernama during a wrap-up session here yesterday.

Borneo is shared by the Malaysian states of Sabah and Sarawak, Indonesian Kalimantan and Brunei.

Sabah, Sarawak and the Federal Territory Labuan have a combined population of about 19 million.

Darell was leading the Malaysian delegation, to the island republic, for five days to attend the 50th Asean Economic Ministers’ Meeting and Related Meetings which ended yesterday. — Bernama


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