Qatar and Malaysian relationship stressed by PM of Malaysia

Qatar and Malaysian relationship stressed by PM of MalaysiaThe Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there.  Malaysian companies and investors have about a $7 billion stake in Qatari projects, and with the 2022 World Cup quickly approaching, they are aiming for a larger slice of the pie.  The “Heart of Doha” project, leading up to the cup, will see construction of more than 100 buildings, sports complexes, and hotels for the events.

Malaysian contractors have also won bids to overhaul infrastructure projects, including the Doha International Airport.  The prime minister also suggested that Malaysia and Qatar might also invest in third-party countries together, specifically in the GCC.  Petronas, Malaysia’s state owned petrochemical corporation, will be partnering with Qatar Petroleum Company for several joint ventures as well.

 



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The Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there.  Malaysian companies and investors have about a $7 billion stake in Qatari projects, and with the 2022 World Cup quickly approaching, they are aiming for a larger slice of the pie.  The “Heart of Doha” project, leading up to the cup, will see construction of more than 100 buildings, sports complexes, and hotels for the events. Malaysian contractors have also won bids to overhaul infrastructure projects, including the Doha International Airport.  The prime minister also suggested that Malaysia and Qatar might also invest...

Qatar and Malaysian relationship stressed by PM of MalaysiaThe Malaysian Prime Minister urged Malaysian companies to continue investing in Qatar and strengthening their presence there.  Malaysian companies and investors have about a $7 billion stake in Qatari projects, and with the 2022 World Cup quickly approaching, they are aiming for a larger slice of the pie.  The “Heart of Doha” project, leading up to the cup, will see construction of more than 100 buildings, sports complexes, and hotels for the events.

Malaysian contractors have also won bids to overhaul infrastructure projects, including the Doha International Airport.  The prime minister also suggested that Malaysia and Qatar might also invest in third-party countries together, specifically in the GCC.  Petronas, Malaysia’s state owned petrochemical corporation, will be partnering with Qatar Petroleum Company for several joint ventures as well.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

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Donation Total: $10.00

 

 

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