Khazanah eyes investment opportunities in Central Asia – Business News

Executive director of finance and chief financial officer Datuk Mohd Izani Ghani said the investment could be varied, with the exception of the oil and gas and plantation sector, as the national strategic fund is not involved in both.

ASTANA: Khazanah Nasional Bhd plans to widen investment activities beyond Turkey and is eyeing potential opportunities in Central Asia, a region it has no presence yet.

Executive director of finance and chief financial officer Datuk Mohd Izani Ghani said the investment could be varied, with the exception of the oil and gas and plantation sector, as the national strategic fund is not involved in both.

“We are already big in Turkey, with various investments such as in an airport and hospital. We can extend our healthcare business to here (Central Asia).

“We have also investments in hospitals in Malaysia, Singapore, Hong Kong and soon, in China. It’s good to complete the whole geography. Central Asia has been on our radar,” he said.

Izani was speaking to Bernama on the sidelines of the Malaysia-Kazakhstan Energy Business Forum. He was a panellist at the Session 1 titled Investment Opportunities and Collaborations Between Malaysia and Kazakhstan that was moderated by Malaysia’s Ambassador to Kazakhstan, Syed Mohamad Bakri Syed Abd Rahman.

Izani did not rule out investment possibilities in Kazakhstan, Malaysia’s fourth-largest trading partner among the Commonwealth of Independent States countries.

“Kazakhstan’s sovereign fund has been to our office to understand the way we undertake transformation.

“The meeting was more of a business engagement,” he said. — Bernama

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