TIANJIN, Chinese conglomerate Rianlon Corporation has committed to investing RM820 million to set up a research and development (R&D) centre and factory in Johor, Prime Minister Datuk Seri Anwar Ibrahim announced.
He said the project, confirmed during his meeting with Rianlon chairman and CEO Li Haiping and CTO Sun Chunguang, is expected to create more high-skilled job opportunities for Malaysians. Headquartered in Tianjin, Rianlon is a global leader in anti-ageing additives for polymers and cosmetics.
During his working visit, Anwar, who is also Finance Minister, also met with China Communications Construction Company Ltd (CCCC), the world’s largest infrastructure services provider. The meeting was attended by CCCC chairman Song Hailiang and vice-president Chen Zhong.
“Together with CCCC, we are focused on the progress of the East Coast Rail Link (ECRL), which has become a symbol of Malaysia-China friendship under the **Belt and Road Initiative (BRI). God willing, the ECRL will help close regional development gaps and deliver economic benefits to local communities,” Anwar said.
He reiterated the MADANI government’s commitment to boost investments, drive the high-tech sector, and strengthen long-standing Malaysia-China economic ties for the future benefit of the people.
Anwar is on a four-day working visit to China, where he is scheduled to attend the Shanghai Cooperation Organisation (SCO) Summit 2025. He has been invited by Chinese President Xi Jinping, as current chair, to deliver remarks at the SCO Plus Summit this evening.
