Qatar firm to invest RM30b in five years
KUALA LUMPUR: QATAR Holding LLC will invest more than US$10 billion (RM30.7 billion) in various projects in Malaysia over the next five years
Its vice-chairman, Dr Hussain Ali Al- Abdulla, yesterday said more than US$5 billion would be invested in real estate development, hotel chain expansion and other industries, including banking, in Malaysia.
It also plans to invest in mainly petrochemical projects, with investments expected to exceed US$5 billion. These investments will include the Pengerang Integrated Petroleum Complex in Johor and the Harrods Hotel.
Its vice-chairman, Dr Hussain Ali Al- Abdulla, yesterday said more than US$5 billion would be invested in real estate development, hotel chain expansion and other industries, including banking, in Malaysia.
It also plans to invest in mainly petrochemical projects, with investments expected to exceed US$5 billion. These investments will include the Pengerang Integrated Petroleum Complex in Johor and the Harrods Hotel.
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