Sunday, 29 July 2007

Malaysia's Naim Cendera Plans $144 Million Debt Sale to Help Fund Projects

(Bloomberg) -- Malaysia's government expects to
generate 177 billion ringgit ($51 billion) of investments
including manufacturing, agriculture and tourism projects in the
northern states till 2025 to spur economic growth.

It's a ``government initiative to drive economic growth and
raise income levels in the north of peninsular Malaysia,'' the
government said in a statement today. The state will spend one-
third of the investment, it said.


Read more at Bloomberg Emerging Markets News

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