He pointed out the revived Bandar Malaysia, with an estimated total gross development value of RM140 billion, would herald a new era of economic momentum that benefited the masses. "The government is cognisant of the fact that infrastructure investment can help spur growth, generate employment and provide structural stability to the economy. IQI Global is a leading property and investment company operating and advising clients in Kuala Lumpur, Singapore, Hong Kong, London, Melbourne, Bangkok, Makati, Toronto and Dubai. Shan said as countries navigated through turbulent times, infrastructure investment had become a new obsession for many economies in the ASEAN region. Citing various reports, including from The Economist and the Wall Street Journal, he said ASEAN required US$1.2 trillion in infrastructure investment that could buttress growth in the region.
Source: thestar December 26, 2019 00:11 UTC