(MENAFN- Qatar News Agency) Malaysia's prime minister Najib Razak said Malaysia is on the lookout for more business and investment opportunities in Saudi Arabia that could help spur the Southeast Asian country's economic growth.
Najib noted that Malaysia had developed its own strengths in fields such as airport management, healthcare, power production and public housing, among others, that could be of benefit to Saudi Arabia and other countries, according to Malaysia's (Bernama) News Agency. "We need to go out and explore new opportunities that could boost our economic growth," Najib said. "With slumping oil prices, we must introduce more diversification in our economic strategies," he told Malaysian media after delivering his keynote address at the Jeddah Economic Forum (JEF) 2016.
`Najib added that the government would continue to take all steps necessary to strengthen the resilience of the Malaysian economy so that investors and businessmen would be ensured of a strong, stable and durable partner in Malaysia.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.