Malaysia PM says Shell to boost its investments in country by $2 billion
KUALA LUMPUR, June 17 (Reuters) - Malaysian Prime Minister Anwar Ibrahim said on Tuesday that Shell (SHEL.L), opens new tab has committed to increasing its investments in Malaysia by 9 billion ringgit ($2.12 billion) over the next two to three years.
The boost in Shell's investments will create high-skilled job opportunities for Malaysians, Anwar said in a Facebook post following a meeting with Shell CEO Wael Sawan. He did not provide further details.
"This decision stands as a resounding vote of confidence from a world-class investor in our sound economic policies, clarity in our leadership, and promise in our future," Anwar said.
Shell did not immediately respond to a request for comment.
($1 = 4.2430 ringgit)
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Malaysia PM says Shell to boost its investments in country by $2 billion
KUALA LUMPUR, June 17 (Reuters) - Malaysian Prime Minister Anwar Ibrahim said on Tuesday that Shell (SHEL.L), opens new tab has committed to increasing its investments in Malaysia by 9 billion ringgit ($2.12 billion) over the next two to three years. The boost in Shell's investments will create high-skilled job opportunities for Malaysians, Anwar said in a Facebook post following a meeting with Shell CEO Wael Sawan. He did not provide further details. "This decision stands as a resounding vote of confidence from a world-class investor in our sound economic policies, clarity in our leadership, and promise in our future," Anwar said. Shell did not immediately respond to a request for comment. ($1 = 4.2430 ringgit)
