Abu Dhabi investment body Mubadala plans to invest some $7 billion in Malaysia's aluminium sector and help develop Kuala Lumpur's new financial district, a statement said on Friday.
The agreements, signed in Malaysia with government development body 1Malaysia Development Berhad (1MDB), involve a strategic partnership for the aluminium sector at the Sarawak Corridor of Renewable Energy.
"The two state-owned companies are starting preliminary assessment work on the project, which will create more than 10,000 jobs during construction and another 2,000 specialist jobs," the joint statement said.
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