Malaysia pushing for reliance on services, construction
Malaysia is now pushing for greater reliance on the services and construction sectors as the next engine of growth in anticipation of moderate growth in the United States and Europe, says Prime Minister Datuk Seri Najib Tun Razak.
Malaysia's state-backed Petronas -- which received regulatory nod from the Canadian government to buy Progress Energy Resources Corp Dec. 7 -- is aiming to create ``thousands'' of jobs in the Canadian natural gas industry, as it pours billions of investment dollars into developing its newly-acquired assets.