By Sharen Kaur
sharen@nstp.com.my
Published in NST on May 16 2011
RSM RKT Group, a member firm of RSM International, is seeking foreign investments for several projects under the Economic Transformation Programme (ETP) worth a few hundred million ringgit.
Girish Ramachandran, the executive director of RSM Strategic Business Advisors said that in the healthcare sector, RSM RKT is close to inking a deal with the world's top 10 private operators to set up shop in Malaysia.
"The financial close will be at year end. We are also working on a few other developments in the east coast, namely palm oil projects and retail. We are helping companies to raise funds to undertake bigger projects," he said.
Girish said RSM RKT is also helping the government to promote the country's halal hub and food security.
"We are doing some work for two of the growth corridors. Basically we are looking at strategic developments for the halal hub," he told Business Times in Kuala Lumpur last Saturday at the company's 33th anniversary.
Under the ETP, there will be RM500 million in investments over the next 10 years in healthcare and about RM10 billion to develop the halal hub.
Founded in 1978, RSM RKT is one of the leading providers of audit, assurance, accounting and tax services to companies in Malaysia.
Girish said the company is building up its consulting service to attract foreign direct investments into Malaysia.
He said countries such as India, China and Indonesia are growing at an alarming rate and looking for alternative investment destinations such as Malaysia.
He added that there is also more interest from investors in the Middle East who are looking at mega projects here.
Meanwhile, Girish said RSM RKT is helping small- and medium-sized enterprises (SMEs) to grow.
"The various opportunities for local SMEs would play a critical role as the sector is expected to drive the Malaysian economy in the long-term to reach a higher growth trajectory," he said.
-ENDS-
sharen@nstp.com.my
Published in NST on May 16 2011
RSM RKT Group, a member firm of RSM International, is seeking foreign investments for several projects under the Economic Transformation Programme (ETP) worth a few hundred million ringgit.
Girish Ramachandran, the executive director of RSM Strategic Business Advisors said that in the healthcare sector, RSM RKT is close to inking a deal with the world's top 10 private operators to set up shop in Malaysia.
"The financial close will be at year end. We are also working on a few other developments in the east coast, namely palm oil projects and retail. We are helping companies to raise funds to undertake bigger projects," he said.
Girish said RSM RKT is also helping the government to promote the country's halal hub and food security.
"We are doing some work for two of the growth corridors. Basically we are looking at strategic developments for the halal hub," he told Business Times in Kuala Lumpur last Saturday at the company's 33th anniversary.
Under the ETP, there will be RM500 million in investments over the next 10 years in healthcare and about RM10 billion to develop the halal hub.
Founded in 1978, RSM RKT is one of the leading providers of audit, assurance, accounting and tax services to companies in Malaysia.
Girish said the company is building up its consulting service to attract foreign direct investments into Malaysia.
He said countries such as India, China and Indonesia are growing at an alarming rate and looking for alternative investment destinations such as Malaysia.
He added that there is also more interest from investors in the Middle East who are looking at mega projects here.
Meanwhile, Girish said RSM RKT is helping small- and medium-sized enterprises (SMEs) to grow.
"The various opportunities for local SMEs would play a critical role as the sector is expected to drive the Malaysian economy in the long-term to reach a higher growth trajectory," he said.
-ENDS-
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