Page 55 - Mission Brief Qatar 2019 v2

3. INVESTMENTS WITH QATARI PARTICIPATION IN MALAYSIA

To date, only one Qatari investment in the manufacturing sector
has been approved in Malaysia. The project by Star Wood
Furniture Sdn Bhd, manufacturer of wooden furniture and doors
was approved with investment worth RM3.25 million (US$1.06
million). However, the company has decided to postpone its
operation in the state due to an undisclosed reason.

Other Qatari’s investment in non-manufacturing sector:

A. On-going

No. Company Project Remarks
1. QD Asia Integrated mixed Total project cost:
Pacific Ltd. commercial project RM5 bil. (US$1.43
KLCC (Cititower) bil.).

QD Asia Pacific Ltd, a Lot 185 will comprise
subsidiary of Qatari Diar two towers, a 56-
Real Estate Investment storey entity and
Co holds in a 50:50 joint another 77-storey
venture with KLCC building expected to
(Holdings) Sdn Bhd in be completed by
the Integrated mixed 2020
Commercial on 4 acres
of land within KLCC
area.