US companies to invest RM18 billion in advanced technology sectors in Malaysia
Two noteworthy May 20, 2001 news items from The Star.
NEW YORK: Investments totalling US$6bil (RM18bil) are ready to flow into Malaysia from several US multinational corporations. Prime Minister Datuk Seri Najib Tun Razak said these companies would be investing in the oil and gas industries, renewable energy, health, pharmaceutical and high-technology sectors. “These investments are from companies that will bring with them advanced technology and are knowledge-based,” he said at the end of the two-day Invest Malaysia 2011 roadshow here.
... and ...
NEW YORK: Several American multinational corporations are to invest between US$5bil and US$6bil (RM15bil and RM18bil) in Malaysia, Prime Minister Datuk Seri Najib Tun Razak said. He said these companies would go into the oil and gas industries, renewable energy, health, pharmaceutical and high-technology sectors. “I cannot reveal the names of these companies at this time but the investments are imminent,” Najib told reporters at the end of his two-day Invest Malaysia 2011 roadshow and his working visit here on Wednesday. On Tuesday, the Prime Minister spent time wooing the financial sector. The next day, he met leading American businessmen from Main Street USA.