Malaysia launches $6.1 billion fund for priority projects
The Malaysian government has announced the planned formation of an MYR20 billion ($6.1 billion) Facilitation Fund to support private sector investment in the country, providing infrastructure and assistance via grants, offtake agreements or similar mechanisms.
Prime Minister Datuk Seri Najib Tun Razak formally tabled the plan in Malaysia's parliament, under the auspices of the 10th Malaysia Plan. The planned fund will focus on private sector projects that "offer...
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