Oil, gas and petrochem sectors continue to draw investments.

Byline: Kamarul Yunus

MALAYSIA continues to draw investment interest in the oil, gas and petrochemical sector, with two projects worth RM1.14 billion approved in the first quarter of this year.

Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir said the ministry is evaluating several other investment proposals related to the oil and gas sector and expects an announcement soon.

"Last year, we approved many projects. In the first quarter of this year, we approved two projects from overseas investment. So there's (still) huge potential despite the economic slowdown," he said.

He was speaking to reporters after officiating …