The Malaysian Investment Development Authority (Mida) remains optimistic of the growth potential of the downstream oil and gas industry, given the applications received for RM13.6 billion worth of such projects in the first quarter of the year.
Deputy chief executive officer Datuk N. Rajendran said the applications included those from Japan and China.
"We expect the trend in the downstream sector to remain positive this year, especially driven by Petronas' Pengerang Integrated Complex," he told a press conference on the third day of the Offshore Technology Conference Asia 2016 in Kuala Lumpur on Thursday.
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Deputy chief executive officer Datuk N. Rajendran said the applications included those from Japan and China.
"We expect the trend in the downstream sector to remain positive this year, especially driven by Petronas' Pengerang Integrated Complex," he told a press conference on the third day of the Offshore Technology Conference Asia 2016 in Kuala Lumpur on Thursday.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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