Gulf Times – Qatar, Malaysia to set up $2bn investment fund

Malaysia’s Prime Minister Najib Razak said in a joint press conference with Qatar’s Prime Minister HE Sheikh Hamad bin Jassim bin Jabor al-Thani yesterday that both countries will each put $1bn in a fund to look for investments.

“The Prime Minister of Qatar and I have agreed to work to set up a Malaysia and Qatar investment fund with each country to set up $1bn to look for investments,” Najib said.

He did not elaborate on the type of fund or asset classes that will be invested by the two countries.

HE the Prime Minister Sheikh Hamad bin Jassim bin Jabor al-Thani arrived in Malaysia’s administrative capital yesterday for a three-day visit to strengthen ties between both countries.

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