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Prime Minister Luxon Secures Major Investments in Renewable Energy and Tourism from Malaysia

6 days ago | 52 views

Prime Minister Christopher Luxon announced significant investments in renewable energy infrastructure and tourism during his visit to Malaysia. Yinson Renewables plans to invest in New Zealand's renewable energy projects totaling around 1GW, with support from Invest New Zealand. Additionally, YTL Corporation Berhad acquired Hotel Indigo in Auckland for $160m, signaling confidence in New Zealand's tourism sector and receiving approvals from the Overseas Investment Office. Luxon also engaged in high-level talks on Indo-Pacific issues, established a Comprehensive Strategic Partnership with ASEAN, and signed a halal arrangement with Malaysia to boost exports before heading to the Republic of Korea for APEC.

Tags: Christopher Luxon Yinson Renewables Invest New Zealand YTL Corporation Berhad YTL Hotels Overseas Investment Office Malaysia East Asia Summit ASEAN.