(EnergyAsia, March 12) — Malaysian conglomerate Genting Berhad said it plans to invest up to US$3 billion in biofuels projects in neighbouring Indonesia. The company has set up a Singapore subsidiary, Genting Biofuels Asia Pte Ltd, to undertake the project in Indonesia’ eastern Papua region. Another Malaysian firm, Multi Vest Corp Bhd, said it…
INDONESIA: Malaysian firms plan big biofuels investment amid doubts
Posted on March 12, 2007 by EnergyAsia