RIO DE JANEIRO: Prime Minister Datuk Seri Anwar Ibrahim's inaugural visit to Brazil has generated potential export opportunities worth RM6.8bil (US$1.57bil) over the next three to five years. Anwar, who also serves as the Finance Minister, credited this achievement to discussions with 58 industry leaders representing 28 top companies and business associations in Brazil. "This round-table meeting generated a potential export value of RM6.8bil for the next three to five years," Anwar stated during a press conference on Monday (Nov 18). The identified export prospects include oil and gas services, semiconductors, palm oil, aerospace components, and food and beverage products. Meanwhile, Malaysian companies such as PETRONAS, Yinson, and Sapura have invested over US$15bil in Brazil’s energy and oil and gas sectors.

Source: The Star November 19, 2024 05:10 UTC