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Article: Malaysia dazzles with stellar year for FDI
- Article from:
- New Straits Times
- Article date:
- February 14, 2007
- Author:
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Rupa Damodaran
New Straits Times
02-14-2007
Malaysia dazzles with stellar year for FDI
Byline: Rupa Damodaran
Edition: Main/Lifestyle
Section: Business Times
Type: News
MALAYSIA'S petrochemical industry has developed into a vibrant and strong regional player, largely through the efforts of the Government and Petroliam Nasional Bhd (Petronas), the national oil company.
Petronas has long pursued a policy of adding value to its various hydrocarbon streams in partnership with global petrochemical companies.
These companies in turn bring market and technology skills to complement Petronas' own strength.
In 2006, this vibrant sector proved to be the biggest contributor towards record investment ...