KUALA TERENGGANU: Datuk Seri Najib Tun Razak said on Saturday the government has agreed in principle to the proposal by the Terengganu government to set up the Terengganu Investment Authority (TIA) with an initial fund of RM10 billion.
The deputy prime minister said the cabinet gave the nod for the proposal at its meeting on Friday, reflecting a strong relation between the federal and state government.
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