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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Mubadala and Malaysia’s 1MDB plan $7bln projects

Posted on 11 October 2010

From Constructionweekonline.com: Abu Dhabi’s Mubadala Development Company has signed two collaboration agreements with the iMalaysia Development Berhad over a $US 7billion aluminium project, according to a statement issued over the weekend.

The agreements were signed on Friday in Malaysia by Mubadala Real Estate & Hospitality (MREH) and Mubadala Industry (MI). MI has agreed to assess the viability of the development of a major initiative in the aluminium sector based on hydro power in the Sarawak Corridor of Renewable Energy (SCORE), and the Kuala Lumpur International Financial District…………………………………….Full Article: Source


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