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US firms to invest US$6b in Malaysia: Najib
by hlk Thu 19 May 2011, 19:44
NEW YORK: Several multinational American companies will invest
between US$5 billion and US$6 billion in Malaysia over the next two to
three years, said Prime Minister Datuk Seri Najib Tun Razak.
He
said the investments would flow into the advanced electronic, renewable
energy, oil and gas, information and communication technology, health care equipment, pharmaceutical and services sectors.
In fact, he said Motorola, which has been operating in Malaysia for
the past 37 years with about 7,000 employees, would invest about RM4
billion to set a Global Excellence Centre at its Pulau Pinang plant to
provide service support for customers throughout the Asia Pacific.
"This is a big achievement...they are satisfied with the cooperation
given by the Federal Government. They are now involved in the technical
system for the Royal Malaysian Police," he told Malaysian journalists on
the second day
of his visit to New York.
Najib will visit the Johns Hopkins University in Washington on Thursday. -- Bernama
between US$5 billion and US$6 billion in Malaysia over the next two to
three years, said Prime Minister Datuk Seri Najib Tun Razak.
He
said the investments would flow into the advanced electronic, renewable
energy, oil and gas, information and communication technology, health care equipment, pharmaceutical and services sectors.
In fact, he said Motorola, which has been operating in Malaysia for
the past 37 years with about 7,000 employees, would invest about RM4
billion to set a Global Excellence Centre at its Pulau Pinang plant to
provide service support for customers throughout the Asia Pacific.
"This is a big achievement...they are satisfied with the cooperation
given by the Federal Government. They are now involved in the technical
system for the Royal Malaysian Police," he told Malaysian journalists on
the second day
of his visit to New York.
Najib will visit the Johns Hopkins University in Washington on Thursday. -- Bernama
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