the financial crisis, Khazanah Nasional Berhard, the US$25.7 billion
investment arm of the Malaysian government, will focus on catalysing domestic
economic growth and continuing its program of strategic cross-border
which is entrusted with managing the Malaysian governmentÃ¢â‚¬â„¢s commercial assets
and undertaking strategic domestic and global investments, aims to stimulate
the Malaysian economy by focusing on domestic investments with Ã¢â‚¬Å“high economic
and job creation multipliers,Ã¢â‚¬Â the public company said in a statement.
manager has stakes in more than 50 companies, including an array of Ã¢â‚¬Ëœgovernment-linked
companiesÃ¢â‚¬â„¢, which are involved in industries ranging from banking, power,
telecommunications, infrastructure, transport and venture capital.
four years to 2008, Khazanah and its underlying companies injected
approximately RM36 billion (US$9.89 billion) into the Malaysian economy. For
the three years to 2011, it has allocated $15.94 billion to be invested domestically
in industries including telecommunications, infrastructure, health care and
tourism. It will also target sectors that it regards as Ã¢â‚¬Å“new engines of
domestic focus will not stall its cross-border investment activities and
ambitions to attract foreign direct investment into
will continue to strengthen regional investment linkages and selectively look
for two-way investment opportunities to bring in more foreign direct investment
as well as continuing to selectively regionalise,Ã¢â‚¬Â the company said.
course of 2008, the financial crisis diminished the returns from KhazanahÃ¢â‚¬â„¢s
listed investments portfolio, resulting in a decline of 35.7 per cent for the