Monday 14 September 2015

PM says govt to reactivate ValueCap with RM20b fund

Datuk Seri Najib Tun Razak had on Monday unveiled several broad measures to strengthen the economy, which includes boosting the government investment arm ValueCap.

The Prime Minister said on Monday that a total of RM20bil would be allocated to ValueCap.

Najib, who is also the Finance Minister, also urged the government-linked companies to invest domestically.

He also said the Malaysian economy continued to grow though its revenues had been impacted by the weaker oil prices.

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