Chinese investments in Malaysia more than quadrupled over past five years, envoy says | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 86%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Chinese investments in Malaysia more than quadrupled over past five years, envoy says

08 July 2019

PETALING JAYA, July 8 — Chinese companies invested in 422 projects in the manufacturing sector in Malaysia as of end-2018 and with about 73,000 jobs also created since the Belt and Road Initiative was introduced. “We believe that with the passing of time and the synergy between all parties, the BRI cooperation will definitely become deeper, steady and extensive.

Citing some examples, Bai Tian said the China-Malaysia Qinzhou Industrial Park and the Malaysia-China Kuantan Industrial Park, often referred as “Two Countries Twin Parks”, and other projects such as the Gemas-Johor Baru Railway were advancing steadily.The China Railway Rolling Stock Corp has set up its rolling stock plant in Perak, with the plant having the highest technological level and largest production capacity among Asean countries.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

To capitalize on Chinese investment, Malaysia must improve on the study of mandarin.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines