KUALA LUMPUR — Feb. 28, 2018: Saudi Arabian petroleum company, Aramco, will invest US$7 billion (almost RM30 billion) in Malaysia before the end of March.
“Earlier this morning I received a text from (Minister in the Prime Minister’s Department) Datuk Rahman Dahlan who said that Aramco agrees to invest US$7 billion in Malaysia before this March 31,” said Datuk Seri Najib Razak tonight.at the National Transformation 2050 (TN50) Youth Canvas presentation ceremony here.
Rahman was sent to Riyadh to close the deal with Aramco.
The prime minister said the government’s effort to attract direct investment for the benefit of future generations was in efforts to provide a strong national base to enable the TN50 generation to bring the nation to greater heights. — Bernama