Malaysian, Chinese companies ink 3 MoUs worth nearly RM20bil

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Malaysian, Chinese companies ink 3 MoUs worth nearly RM20bil
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The signing of the memoranda of understanding was witnessed by Prime Minister Anwar Ibrahim and several other ministers.

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Prime Minister Anwar Ibrahim and other leaders at the MOU signing ceremony in Nanning, China.

Also present were investment, trade and industry minister Tengku Zafrul Aziz, local government development minister Nga Kor Ming, deputy foreign affairs minister Mohamad Alamin, and deputy agriculture and food security minister Chan Foong Hin. The second MoU, worth about RM2.34 billion , was inked between PM Access World and Beibu Gulf Port Group.

The third MoU, with a potential export value of RM2.5 billion, was signed by Sime Darby Oils International Ltd and GuangXi Beibu Gulf International Port Group.

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