Miti says potential RM13.2bil investment from China in the making

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China Premier Li Qiang News

Miti,Investment,Memoranda Of Understanding

YANGON: A man who was involved in the shooting of a goldsmith and looting of gold jewellery in Aung Mun Thaman township, Mandalay region, has been arrested.

PETALING JAYA: In conjunction with China Premier Li Qiang’s first official visit to Malaysia, the Investment, Trade and Industry Ministry announced on Thursday that it has facilitated a total potential investment of RM13.2bil from China.

“We are pleased to see the G2G collaborative spirit cascading to the private sector of both countries, through the exchange of MOUs valued at RM13.2bil in numerous high-value sectors. MITI said the key MOUs involved several agencies under the ministry, including the Malaysian Investment Development Authority , the Malaysia External Trade Development Corporation and the Export-Import Bank of Malaysia Berhad .

One of the key MOUs signed was between Mida and the China International Capital Corporation Limited , which aims to strengthen economic and industrial collaboration and enhance investment opportunities in high-value sectors, among others.

 

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