Malaysia to see RM5.5bil worth of investments


DAVOS: Several multinational companies have agreed in principle to invest a total of RM5.5bil over several years, mostly up and down the value chain of Malaysia's resurgent oil and gas (O&G) industry.

While the investment figure was just a ballpark figure, Prime Minister Datuk Seri Najib Razak said during meetings held on the sidelines of the World Economic Forum, which began here Thursday, heads and senior management of these multinational companies expressed interest in investing in the country.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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 Nation

Motorcyclist dies after colliding with vehicle in Sabah
Bomba needs to fill up nearly 1,500 vacancies
Sabah natives more than just ‘lain-lain’, says association
Mavcom to implement six service quality elements at KLIA
Anwar: Opportunities aplenty for Gulf-Asean trade
MCMC looking to regulate social media for under 13s
Umno to ensure MIC aids campaigning
Wife and lovers in the gang
Mat Sabu: Tighten borders to curb unhealthy livestock
Youth Chief: PAS not boycotting Perikatan candidate

Others Also Read