Pengerang Energy Complex Secures USD 3.5 Billion Financing for Low-Carbon Petrochemicals Facility
Pengerang Energy Complex (PEC) has secured project financing of USD 3.5 billion from leading export credit agencies (ECA) and Islamic financing entities to develop a state-of-the-art low-carbon petrochemicals facility in Malaysia. The financing agreement was ratified...
Malaysia Secures USD 56.58 Billion in Investments, Targets Top 30 Global Economy by 2033
Malaysia has demonstrated strong investor confidence with approved investments totaling MYR 254.7 billion (USD 56.58 billion) for the first nine months of 2024, reflecting a 10.7% year-on-year growth and the creation of over 159,000 jobs. Investment, Trade and...
Malaysia to Lease 28 AW149 Helicopters in USD 3.4 Billion Defense Initiative
The Malaysian government has announced a significant initiative to lease 28 AW149 medium helicopters from Italy’s Leonardo, with a contract valued at USD 3.4 billion over a 15-year period. This announcement was made by Defence Minister Datuk Seri Mohamed Khaled...