Beacon of opportunity
IN
partnership with the Islamic Development Bank (IDB) Group, Malaysia will be
holding a three-day forum between 9 and 11 May 2012 at JW Marriot Hotel, Kuala
Lumpur, to further enhance the existing bilateral trade relations and economic
cooperation and explore more opportunities for investment and business opportunities
between Malaysia and the IDB member countries.
The IDB Group, an international financial institution with a membership of 56 countries, was established in 1975 to foster the economic development and social progress of member countries and Muslim communities.
The forum, which is organised under the theme - Forging Strategic Business Partnerships between Malaysia and the IDB member countries, will include briefings and presentations by prominent speakers drawn from the public and private sectors as well as speakers from the IDB Group.
Business matching sessions will be held to facilitate foreign participants to explore partnership prospects with their Malaysian counterparts.
The IDB Group, an international financial institution with a membership of 56 countries, was established in 1975 to foster the economic development and social progress of member countries and Muslim communities.
The forum, which is organised under the theme - Forging Strategic Business Partnerships between Malaysia and the IDB member countries, will include briefings and presentations by prominent speakers drawn from the public and private sectors as well as speakers from the IDB Group.
Business matching sessions will be held to facilitate foreign participants to explore partnership prospects with their Malaysian counterparts.
Participants will be
updated on the latest economic developments taking place in Malaysia,
particularly the Economic Transformation Programme that is currently underway
in many key areas that will provide enormous investment opportunities for
domestic and foreign investors.
The IDB member countries have always been in Malaysia's radar for investments missions and various capacity building cooperation initiatives.
The government continues to encourage the enhancement of economic linkages with the IDB countries. Several exchanges of high level visits were undertaken by the Ministry of International Trade and Industry (Miti) and Mida to countries such as Saudi Arabia, Indonesia, UAE, Oman, Kuwait, Turkey and Qatar in an effort to foster economic ties between Malaysia and these emerging markets.
For the period of 2007-2011, total investments approved in the manufacturing sector with participation from IDB member countries amounted to RM6.9 billion (US$2.13 billion) in 79 projects. These investments were mainly in petroleum products (including petrochemicals), chemical & chemical products, food manufacturing, machinery & equipment (M&E) and plastic products.
This forum provides a platform for Malaysia to further attract investments from and increase trade within IDB member countries.
Malaysia offers a wide range of opportunities for companies from the IDB countries to invest in the manufacturing and services sectors. These include opportunities in the manufacturing sector such as M&E, petrochemical and chemical and chemical products as well as the services sector, which include hotel and tourism, Islamic financial services, construction/infrastructure, and real estate.
Malaysia is also positioning itself as a global hub for the production and distribution of halal products, which include food, cosmetics, pharmaceuticals and health products.
Consistent aggressive promotions by the government have contributed to the emergence of many well established companies from the IDB members countries in Malaysia, including Al-Rajhi Bank, Kuwait Financial House, Qatar Islamic Bank, National Gas Company, United Engineering Services, IFFCO Group, Mubadala, Tebodin Consultants and Engineers and Aldar.
The upcoming forum pre-registered participants from countries such as Saudi Arabia, Turkey, the Philippines, UAE, Egypt, Jordan, South Korea, Yemen, Kazakhstan, Syria, Brunei, Singapore.
Datuk Noharuddin Nordin is the chief executive officer of the Malaysian Investment Development Authority.
Source : New Straits Times
The IDB member countries have always been in Malaysia's radar for investments missions and various capacity building cooperation initiatives.
The government continues to encourage the enhancement of economic linkages with the IDB countries. Several exchanges of high level visits were undertaken by the Ministry of International Trade and Industry (Miti) and Mida to countries such as Saudi Arabia, Indonesia, UAE, Oman, Kuwait, Turkey and Qatar in an effort to foster economic ties between Malaysia and these emerging markets.
For the period of 2007-2011, total investments approved in the manufacturing sector with participation from IDB member countries amounted to RM6.9 billion (US$2.13 billion) in 79 projects. These investments were mainly in petroleum products (including petrochemicals), chemical & chemical products, food manufacturing, machinery & equipment (M&E) and plastic products.
This forum provides a platform for Malaysia to further attract investments from and increase trade within IDB member countries.
Malaysia offers a wide range of opportunities for companies from the IDB countries to invest in the manufacturing and services sectors. These include opportunities in the manufacturing sector such as M&E, petrochemical and chemical and chemical products as well as the services sector, which include hotel and tourism, Islamic financial services, construction/infrastructure, and real estate.
Malaysia is also positioning itself as a global hub for the production and distribution of halal products, which include food, cosmetics, pharmaceuticals and health products.
Consistent aggressive promotions by the government have contributed to the emergence of many well established companies from the IDB members countries in Malaysia, including Al-Rajhi Bank, Kuwait Financial House, Qatar Islamic Bank, National Gas Company, United Engineering Services, IFFCO Group, Mubadala, Tebodin Consultants and Engineers and Aldar.
The upcoming forum pre-registered participants from countries such as Saudi Arabia, Turkey, the Philippines, UAE, Egypt, Jordan, South Korea, Yemen, Kazakhstan, Syria, Brunei, Singapore.
Datuk Noharuddin Nordin is the chief executive officer of the Malaysian Investment Development Authority.
Source : New Straits Times
Date : 8 May 2012
afternoon highlight (08/05/12/083/558)
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