New Delhi: Malaysia and India have signed 31 business MoUs valued at a total of US$36bil, with Malaysia taking the lion's share at US$32bil of the projects.
Prime Minister Datuk Seri Najib Tun Razak described the figure as a whopping amount.
"This is an indication of the power of the economic relationship between Malaysia and India," he said while delivering his business luncheon address at the India-Malaysia Business Forum held here Monday.
Among the significant MoUs was on the development of an integrated maritime city in Pulau Carey worth US$22.78bil, and the Pulau Carey port project worth US$9.39bil.
Najib had earlier held a roundtable meeting with Indian captains of industry, and he was later handed a copy of the 20-page Star special supplement to mark his visit to India.
The supplement carried articles on the growing economic and political relations between both countries, using a cover photo of Najib with Indian Prime Minister Narendra Modi in Brickfields during the latter's official visit to Kuala Lumpur in 2015.