Malaysia's Khazanah to invest $150 mln in China
KUALA LUMPUR |
KUALA LUMPUR Aug 8 (Reuters) - Malaysia's state investment arm Khazanah Nasional Bhd will invest up to $150 million over the next three years in a China joint venture in at least eight waste-to-energy projects, the company said on Friday.
"We are targeting to invest up to $150 million in eight to 10 projects over the next three years," the firm said in a statement, quoting Managing Director Azman Mokhtar.
"We are in the process of completing the acquisition of a project with 800 tonnes per day installed capacity and are already working on three or four others in the pipeline." (Reporting by Faisal Aziz, editing by Niluksi Koswanage)
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