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	While the investment amount is just a ballpark figure, Prime Minister Datuk Seri Najib Tun Razak said several companies had agreed in principle to invest in various industries.</div>
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	These meetings were held on the sidelines of the World Economic Forum with the heads and senior management of the multinational companies.</div>
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	&ldquo;I met with Itochu Corp which has expressed interest in partnering with Petronas to further develop the petrochemical industry in the Refinery &amp; Petrochemical Integrated Development (Rapid) project in Pengerang,&rdquo; he said.</div>

Malaysia likely to see $1.8bn in investments

Several multinational companies have agreed in principle to invest a total of 5.5 billion ringgit (US$1.8 billion) over several years, mostly on Malaysia's resurgent oil and gas (O&G) industry.