Malaysia’s Anwar says Shell to boost its investments in country by RM9 billion

[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said on Tuesday (Jun 17) that Shell has committed to increasing its investments in Malaysia by RM9 billion (S$2.7 billion) over the next two to three years.

The boost in Shell’s investments will create high-skilled job opportunities for Malaysians, Anwar said in a Facebook post following a meeting with Shell CEO Wael Sawan. He did not provide further details.

“This decision stands as a resounding vote of confidence from a world-class investor in our sound economic policies, clarity in our leadership, and promise in our future,” Anwar said.

Shell did not immediately respond to a request for comment. REUTERS