Oil and gas will be a major factor in attracting foreign direct investment (FDI) as the sector consolidates its position as a pillar of the Malaysian economy, according to the Asian Development Bank’s (ADB) Asian Development Outlook 2004 Update. Medium-term strong regional demand for energy and the expectation of sustained high oil prices will bolster…
The oil and gas sector will figure prominently in attracting foreign investment
Posted on September 29, 2004 by EnergyAsia