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Article: GOVT TO FACILITATE MALAYSIAN COS OPERATING IN GULF STATES.
- Article from:
- AsiaPulse News
- Article date:
- October 12, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RIYADH, Oct 12 Asia Pulse - Malaysia's International Trade and Industry Minister Mustapa Mohamed said the government will try to facilitate Malaysian companies operating in Gulf states, and at the same time draw more investors from the Gulf to Malaysia.
"We want the flow to go both ways," he told Bernama during the final leg of his week-long trade and investment mission to Qatar, Egypt and Saudi Arabia.
He said that presently in Saudi Arabia alone, Malaysian companies were involved in projects worth about RM12 billion (US$3.5 billion) including in unversity construction and power generation.
"This is a big figure. This shows that while Malaysian ...