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World News and Views :: Projects

Malaysian firm signs MOU to build methanol plant in Kazakhstan

10:58 AM MDT | May 25, 2014 | Natasha Alperowicz

Two Malaysian companies are planning to build large-scale methanol and gas processing complexes in Kazakhstan. Memorandums of understanding (MOU) covering the two projects, plus another on a large-sale cattle-breeding program, were signed  over the weekend during the visit of prime minister Datuk Seri Najib Tun Abdul Razak and other Malaysian  officials to the central Asian republic. The framework agreement is expected to lead to investments in the country worth about $1.1.billion.   Malaysian businessman Tan Sri Halim...

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