SKANDAR PUTERI, Aug 10 — The Investment, Trade and Industry Ministry and the agencies under it have not yet held a discussion on the proposed investment involving Saudi Aramco in Kemaman, Terengganu.
However, its minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said his side is ready to accept proposals and discuss with the world’s largest oil and gas company.
He explained that Petronas and Saudi Aramco already have a joint investment in Pengerang, Kota Tinggi since 2017, involving a considerable investment of US$7 billion.
“If Saudi Aramco wants to go to Terengganu and continue investing in Malaysia, then we at the ministry and the Malaysian Investment Development Authority, will always welcome that investment.
“Perhaps discussions with Petronas have already taken place but discussions) with the Ministry and Malaysian Investment Development Authority have not yet taken place.
“In Pengerang, the investment is already there but in Terengganu, we are still waiting,” Tengku Zafrul said at Taman Teknologi Nusajaya here today after officiating at the opening of a data centre there.
Yesterday Prime Minister Datuk Seri Anwar Ibrahim said he has asked Saudi Aramco to invest in Kemaman, Terengganu.
— Bernama
