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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

SWF joint projects on track despite uncertain global economy

Posted on 06 January 2012

Datuk Seri Najib Tun RazakMalaysia and Singapore are confident the uncertain global economic outlook will not affect joint venture projects between Khazanah Nasional Berhad and Temasek Holdings which are meant for long term development.
Prime Minister Datuk Seri Najib Tun Razak and his Singapore counterpart Lee Hsien Loong believe their respective countries’ projected economic growth would be sufficient to push the projects forward. Najib said there were no signs that the overall development of Iskandar Malaysia was slowing down and that the investments were proceeding according to schedule………………………………………..Full Article: Source


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