CCTV.com - CNTV English - CCTV News


Homepage > News > Biz >

Brazil's Batista promises 6 bln USD investment in Malaysia

08-10-2012 14:45 BJT

KUALA LUMPUR, Aug.10 (Xinhua) -- Brazilian conglomerate, EBX Group has committed an investment of 6 billion U.S. dollars in " high impact" projects in Malaysia in a move that could mark the beginning of strong economic ties between the two countries.

Malaysia's government announced in a statement late Thursday after EBX Group Chairman and Brazil's richest man, Eike Batista, paid a courtesy call on Prime Minister Najib Razak at the latter's office in Putrajaya.

"We are impressed with the potential that Malaysia has to offer and wish to announce our commitment of 6 billion U.S. dollars into Malaysia for high-impact strategic FDI investment to be implemented swiftly," Batista was quoted as saying.

EBX Group is a holding company founded in 1983 that owns a diverse range of businesses including oil, shipbuilding and mining.

Najib's office said he had a phone conversation with Brazilian President Dilma Rousseff on Wednesday to discuss bilateral partnerships and strategic investments.

Both pledged to cooperate in the energy, agriculture and education sectors.

 

 

Editor:James |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program