Dubai: Prime Minister Ismail Sabri Yaakob announced today that the Malaysia Pavilion has secured over RM70 billion in trade and business leads through its 6-month participation in Expo 2020 Dubai.
The trade and business leads obtained cover a wide range of sectors based on the 26 themed weekly trade programs organized by the Malaysia Pavilion, including agricultural products, digital economy, industry 4.0, energy, health, education and tourism, agriculture, technology and innovation and others.
The weekly programs were led and participated by 21 different ministries, 70 agencies, 5 state governments, nearly 500 Malaysian companies, involving more than 10 industry verticals.
The Prime Minister made the announcement during a thank you lunch at Club 2020 by Emaar at the Expo 2020 Dubai site.
“This landmark exhibition has provided the global business community with a platform to mutually engage in recovering from the post-pandemic fallout,” the Prime Minister said.
“Malaysian companies have taken advantage of this opportunity to develop their network and promote their products in a global market,” he added.
“Prior to our participation in the Expo, Malaysia had set a target of reaching RM8-10 billion in potential trade and investment opportunities throughout our six-month participation,” said the Prime Minister.
The lunch was also attended by the Malaysian Ambassador to the United Arab Emirates, His Excellency Dato’ Mohd Tarid Sufian; Minister of State and Minister of International Trade and Industry, Honorable Dato’ Seri Mohamed Azmin Ali; the Minister of Science, Technology and Innovation, Hon. Dato’ Sri Dr. Adham Baba; Minister of Foreign Affairs, Hon. Dato’ Sri Saifuddin Abdullah; Datuk Zainal Abidin Abu Hassan, Secretary General of the Ministry of Science, Technology and Innovation (MOSTI) and Commissioner General of Malaysia for Expo 2020 Dubai; as well as other senior officials, including UAE government officials, international participants at Expo 2020 Dubai, and captains of industry.
The Prime Minister also shared the other key achievements of the Malaysia Pavilion, including beyond economic achievements, including:
- Generation of more than 4,500 leads
- Organization of more than 1,500 business meetings and business matchmaking
- Signature of more than 130 partnership documents with governments and companies
- Welcoming more than 130 high-level foreign delegates
- Welcoming over a million visitors to the Malaysia Pavilion
- Participation in more than 200 speeches such as round tables, forums and pocket talks
- Organization of meetings and forums attended by 21,000 participants physically and 515,000 virtually
“We are proud to have shared our Malaysian story with the global community around our theme ‘Energizing Sustainability’. This represents our commitment to global unity, our long-standing interest in global conversations and initiating dialogues on common challenges,” the Prime Minister said.
“This milestone is significant for our progress with the 12th Plan Malaysia as we aspire for our nation to achieve economic growth and transform Malaysia into a prosperous, inclusive and sustainable country. Our priority would be to make the partnerships forged here bear fruit.
“On behalf of the government, I would like to express my gratitude to all who have contributed to this success, which demonstrates the strength of a public-private partnership in achieving a common goal for the nation,” he said. -he adds.
Speaking at Expo 2020 Dubai, the Prime Minister said the global event had united the “global family” at its venue, bringing together more than 190 countries with the common goal of inspiring concrete solutions to the most great challenges of humanity.
“Its resounding success is proof of the vision, commitment and preparedness of the UAE government and the organizers. Malaysia applauds the UAE’s continued leadership on platforms for global multilateralism.
Noting that the UAE was Malaysia’s largest trading partner and export destination in the Middle East and West Asia, he added that “our participation in Expo 2020 Dubai not only strengthens our national ties which go beyond economic principles, but also cultural and religious values.”
Before lunch, the Prime Minister also witnessed the signing and exchange of several partnerships between Malaysian companies and other international companies, which included:
- Memorandum of Understanding between AK International LLC and European Wellness Academy (Asia Pacific) Sdn. Bhd will establish the world’s first Halal-based Centers of Excellence for Regenerative Biological Medicine and Education in Malaysia, to build the world’s first state-of-the-art Halal-based supplement and biopharmaceutical therapeutics manufacturing and develop the first halal concept in the world based on digital wellness tourism Links between UAE and Malaysia.
- Memorandum of Understanding between Perbadanan PR1MA Malaysia and Sany Construction Industry Development (M) Sdn. Bhd will provide fast and quality affordable housing for M40 using SANY’s IBS technologies.
- Memorandum of Understanding between Pharmaniaga Manufacturing Berhad and Prime Medical Store LLC to serve as the basis for establishing the framework that will grant Prime Medical the exclusive right to register, import, promote, market, sell and distribute PMB’s pharmaceuticals in the UAE.
- Memorandum of Understanding between Hortman Clinis and Covid Medicare on incorporation support to purchase and market The Immuno X Booster.
- Memorandum of Understanding (MoA) between TWL Holdings Berhad and Tatra Investment LLC – to jointly form a strategic healthcare collaboration, to purchase, import, supply and distribute medical pharmaceuticals in Malaysia and South East Asia .
- Memorandum of Business Exploration (MOBE) between UEM Edgenta Berhad and Byte Blanket (Dubai-based Fintech start-up) to build sustainable smart cities.
- MOBE between UEM Edgenta Berhad and Disrupt-X (Fintech start-up based in Dubai) to build sustainable smart cities.
- Letter of Intent from Pure Harvest (based in Abu Dhabi) to the Northern Corridor Implementation Authority (NCIA) requesting assistance in facilitating their investment in Malaysia through tailored NCER incentives.
The Prime Minister’s appreciation lunch is part of his one-day visit to the Malaysia Pavilion at Expo 2020 Dubai ahead of the expo’s end on March 31, 2020.
Malaysia’s participation in EXPO 2020 Dubai is led by MOSTI with Malaysian Green Technology and Climate Change Corporation as the implementing agency.
ABOUT THE MALAYSIA PAVILION AT EXPO 2020 DUBAI
The Malaysian self-built 1,234.05 square meter pavilion is the EXPO’s first net-zero carbon pavilion. The pavilion features a rainforest canopy inspired by the majestic rainforest of Malaysia, blending cultural elements with nature and functionality in a futuristic building.
The pavilion is themed “Energizing Sustainability” to represent the nation’s commitment and approach to sustainable development. It is segmented into four sub-themes; “Energizing Today”, “Energizing Tomorrow”, “Energizing Harmony” and “Energizing Business”. Malaysia’s activities during the EXPO will include permanent 3D exhibitions, daily cultural performances, handicraft demonstrations, cafe operations as well as 26 weekly themed trade and business programs.
The trade weeks will involve a large contingent of 21 ministries, 70 departments and agencies and five state governments who will initiate and support the programs. They will also bring weekly trade delegations from across the industry who will participate in pocket talks, product launches, business matchmaking sessions and signing of MoUs. The Malaysia Pavilion will also host and participate in summits and forums throughout the Expo.
The Ministry of Science, Technology and Innovation is the lead ministry for Malaysia’s participation in this mega event. The Malaysian Green Technology and Climate Change Corporation (MGTC) is the implementing agency.