Browse
related articles
Qatar to invest $5bn in Malaysia petchem complex
- Qatar: Thursday, January 31 - 2013 at 01:37
Qatar Holding, the Gulf country's sovereign wealth fund, plans to spend half of the $10bn it expects to invest in Malaysia on a new petrochemicals complex, Reuters has reported. The Pengerang Integrated Petroleum Complex is expected to transform the Southeast Asian nation into a global hub for the oil and gas trade and help country compete with neighbouring Singapore to become the region's top petrochemical hub. "We are in discussions about this. We may invest up to $5bn in the next three to four years into petrochemical projects here (in Pengerang)," Qatar Holding vice chairman, Hussain Ali al-Abdulla, told reporters in Kuala Lumpur.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
