Saudi Arabia's Aramco to invest $7 bn in Malaysia oil refinery
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Kuala Lumpur - AFP
Saudi Arabia's Aramco will invest $7 billion in a Malaysia oil refinery project, Prime Minister Najib Razak said Monday as he declared ties with the kingdom "at an all-time high".
The deal involving the massive $27 billion project, a joint venture between Aramco and Malaysia's Petronas, will be signed on Tuesday, the prime minister said.
Najib made the announcement on the second day of a four-day state visit to Malaysia by Saudi Arabia's King Salman.
Source: AFP
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