KOTA TINGGI: The Petronas Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang is expected to draw RM120 billion in investments during the next five to six years.
Prime Minister Datuk Seri Najib Razak said the complex had recently also drawn the interest of a Taiwan-based petrochemical company, which is conducting an investment study to build an integrated oil and petrochemical complex to complement the Petronas Rapid project.
Najib said the Taiwan petrochemical company’s project was worth between US$10 billion and US$12billion (RM30.72 billion and RM36.86 billion).
