PM’s UAE visit generates RM40.6b of committed investments

The Investment, Trade and Industry Ministry facilitated Prime Minister Anwar Ibrahim’s two-day working visit to the United Arab Emirates (UAE), which generated RM40.6 billion of committed investments for Malaysia in sectors such as renewable energy, aerospace and logistics.

The investments secured included a commitment by Abu Dhabi Future Energy Company PJSC (Masdar) to invest up to RM37.8 billion to develop renewable energy projects with a 10GW capacity in Malaysia.

The prime minister...