BORNEO SABAH ARAMAII

Tuesday, 12 March 2013

Malaysia, UAE sign RM39bil joint ventures in petroleum and finance

Prime Minister Datuk Seri Najib Tun Razak and Crown Prince Sheikh Mohammed bin Zayed Al-Nahyan (both in the middle) witnessing the signing of agreements between Aabar and 1Malaysia Development Berhad in Putrajaya on Tuesday.
                                                                              Courtesy of TheStar


PUTRAJAYA: Malaysia and the United Arab Emirates on Tuesday inked agreements involving two joint venture investments worth RM39bil.
The first involved the establishment of a RM18bil Aabar-1MDB strategic partnership to focus on making sustainable investments in important high-impact projects
The other investment involved a RM21bil crude oil and petroleum storage facility off Tanjung Piai in johor.
Prime Minister Datuk Seri Najib Tun Razak and Crown Prince Sheikh Mohammed Zayed al Nahyan, here on a one-day visit, witnessed the signing of the agreements.
Najib said the projects would create thousands of well-paying new jobs for Malaysians.

0 comments:

Post a Comment