US to invest more in Malaysia in 2011

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US to invest more in Malaysia in 2011Next week’s roundtable meetings with the Prime Minister of Malaysia and several big-name US companies is expected to lead to the announcement of a RM5 billion investment in Malaysia.  The deal is said to be between several corporations willing to invest in the Malaysian economy due to its steady growth and health. Director-general Jalilah Baba of the Malaysian Investment Development Authority (MIDA) confirms “some big names of US companies are expected to seal the agreements to invest in Malaysia,” and that official announcements can be expected by August of this year.  The United States already invested RM11.7 billion in Malaysia in 2010, and their contribution is expected to increase by at least 10%.

 

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Next week’s roundtable meetings with the Prime Minister of Malaysia and several big-name US companies is expected to lead to the announcement of a RM5 billion investment in Malaysia.  The deal is said to be between several corporations willing to invest in the Malaysian economy due to its steady growth and health. Director-general Jalilah Baba of the Malaysian Investment Development Authority (MIDA) confirms “some big names of US companies are expected to seal the agreements to invest in Malaysia,” and that official announcements can be expected by August of this year.  The United States already invested RM11.7 billion in Malaysia...

US to invest more in Malaysia in 2011Next week’s roundtable meetings with the Prime Minister of Malaysia and several big-name US companies is expected to lead to the announcement of a RM5 billion investment in Malaysia.  The deal is said to be between several corporations willing to invest in the Malaysian economy due to its steady growth and health. Director-general Jalilah Baba of the Malaysian Investment Development Authority (MIDA) confirms “some big names of US companies are expected to seal the agreements to invest in Malaysia,” and that official announcements can be expected by August of this year.  The United States already invested RM11.7 billion in Malaysia in 2010, and their contribution is expected to increase by at least 10%.

 

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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