NANNING: Malaysia and China have inked three memoranda of understanding (MOUs) worth RM19.84bil.
The first MOU, worth RM15bil, was inked between Citaglobal Bhd and Shanghai Sus Environment on exploring the potential collaboration for developing waste to energy power plants primarily in Malaysia.M'sia recorded RM132.6bil in approved investments for first half of 2023, says Tengku Zafrul
The second MOU worth RM2.34bil was signed between PM Access World and Beibu Gulf International Port Group, which will be on warehousing and logistics cooperation between the two companies in supporting the New International Land-Sea Trade Corridor to promote economic and trade cooperation between Guangxi and Malaysia.
The last MOU, worth RM2.5bil, was inked between Sime Darby Oils International Limited and Guangxi Beibu Gulf Port Group to build a trading and distribution centre for refined palm oil and shortening in Qinzhou, with an estimated annual transaction volume of 500,000 tonnes.
Anwar is expected to deliver a press conference in Nanning after separate closed-door meetings with the China Communications Construction Company and Huawei, respectively. The Prime Minister will return to Kuala Lumpur on Sunday to attend the ongoing Parliament session on Monday .
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