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MALAYSIA'S PETROCHEMICAL INDUSTRY MOST COST EFFECTIVE, SAYS MIDA CHIEFI.
KUALA LUMPUR, May 31 (Bernama) -- Malaysia is now in a better position to compete with and complement Singapore in the petrochemical industry despite the latter's earlier involvement in the sector, Malaysian Industrial Development Authority (MIDA) chairman Tan Sri Zainal Abidin Sulong said today.
He said Malaysia had developed its pretrochemical industry vigorously over the last 10 years and it had now emerged as one of the most cost-effective petrochemical industry producers.
Its achievement was due to the abundance of gas resources locally compared to Singapore's petrochemical industry which was more petroleum-based, Zainal Abidin said in his keynote …
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