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Singapore proposes joint ventures with Malaysia

In Uncategorized on November 25, 2008 at 3:33 pm

Kuala Lumpur (VNA) – Malaysia and Singapore should consider undertaking joint iconic projects in Malaysia’s Iskandar economic development area, Deputy Prime Minister Datuk Seri Mohd Najib Tun Razak said, citing the Singaporean PM’s proposal.

Deputy PM Razak told Malaysian journalists that Singapore’s Prime Minister Lee Hsien Loong made the suggestion during their bilateral meeting on November 22 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.

“It would be some economic projects that are viable,” he said after the end of the summit.

“We leave it to officials from both sides to discuss and identify the particular projects that are appropriate,” the Malaysian Deputy PM added.

Later, Foreign Minister Datuk Seri Dr Rais Yatim said iconic projects would be those that have a high impact on the economies of both countries, according to Malaysia’s Bernama news agency.-