Mubadala to invest $7Bn in Malaysian aluminium sector

Mubadala, the Abu Dhabi investment fund, is planning a $7 billion investment, through 1Malaysia Development Berhad (1MDB), Malaysia’s aluminium sector. Other projects will include the Sarawak Corridor of Renewable Energy and the Kuala Lumpur International Financial District. Mubadala has stakes in Advanced Micro Devices Inc and Ferrari, General Electric and private equity firm Carlyle.

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