Investor Surge

Malaysian investment volumes of Rs. 2.5 bn are projected to grow by 100 percent after successful investment promos in Kuala Lumpur recently, the Board of Investment said Thursday.

The trade seminars attracted some 700 Malaysian businessmen, with a great deal of interest from Penang, the countrys software nerve center. rn

rnSeveral Malaysian investors have approached the BOI, a statement said. ldblquote The response is unbelievable. We may reap benefits of the Forum very soon,”rn

rnPrime Minister Ranil Wickremesinghe is on a two-day visit to Malaysia, where he will meet with his counterpart Datuk Seri Dr. Mahathir Mohamad and other senior ministers. rn