From the Borneo Post: Malaysian O&G companies need incentives to move up value chain


Taken from the Borneo Post, dateline 2010-09-17:

According to HwangDBS Vickers Research Sdn Bhd (HwangDBS Research), the local companies were keen to tap the potential of Malaysia’s deepwater projects.

However, the high capital investment outlay needed to acquire asset and technology deterred most from venturing aggressively.

Previous tax incentives given by the government to encourage transfer of technology through acquisition of high-technology companies were no longer in place and this could put off potential investment.

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This entry was posted on Wednesday, September 22nd, 2010 at 6:00 am and is filed under business opportunity, Malaysia, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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