MELAKA: Dubai-based Golden Crescent Group has expressed interest to invest US$500 million (RM1.72 billion) in Melaka, Chief Minister Datuk Seri Mohd Ali Rustam said on Dec 21.
“They showed interest to invest in the state after seeing the development in Melaka,” he told reporters after opening the 34th general representative meeting of 4B Youth Movement in Ayer Keroh.
Mohd Ali said Golden Crescent was interested to invest in the hotel, manufacturing and recycling industries, and building a specialist hospital.
Representatives from the company — Dr Abdelrahman Mustafa Abdullah Al Jarrar, Mahomed Akbar Khan dan Dr Khalil AH Al Khalil — met Mohd Ali earlier on Dec 21.
During the meeting, Mohd Ali said he had also suggested that the company invest in animation films in the state. A memorandum of understanding would soon be signed between Chief Minister Incorporated and the company, he added.
He said among other factors that drew the interest of foreign investors to Melaka were the existence of various infrastructure, abundant skilled workforce, political stability and peace.
He said Melaka’s foreign investment target for next year was RM3 billion while this year’s achievement would be known at the end of the month. — Bernama
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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