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Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar to invest $5 bln in Malaysia

Posted on 19 May 2010

From Theasset.com: Qatar Investment Authority is proposing to invest USD5 billion in Malaysia under a memorandum of understanding (MOU) that it signed with 1Malaysia Development Berhad (1MDB), providing a framework for facilitating investment cooperation between the two entities.

Qatar Investment Authority (QIA) and 1MDB will explore, evaluate and implement investment opportunities in Malaysia, including in the energy sector and strategic real estate development in the Klang Valley. A joint committee will be established between the two parties to assess the viability and other commercial aspects of the various investment opportunities to be considered……………………………………Full Article: Source


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