Malaysia Budget 2016: Khazanah to invest $1.7b in high-impact projects & VC/PE fund

Malaysia Budget 2016: Khazanah to invest $1.7b in high-impact projects & VC/PE fund

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Setting economic resilience, productivity and innovation as its priorities in the 2016 Budget, the Malaysian government announced that sovereign investment arm Khazanah Nasional Berhad will be allocating MYR6.7 billion and another MYR500 million (a total of $1.7 billion) for high-impact domestic projects and as venture capital and private equity (VCPE) fund, respectively.

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