DUBAI: Malaysia has generated potential value for trade, investment and business leads worth more than RM70 billion for 26 weekly programmes at Expo 2020 Dubai, said Prime Minister Datuk Seri Ismail Sabri Yaakob.
He said the total value was derived through 131 Memoranda of Understanding or Joint-venture Agreements and business enquiries involving a total of 4,558 meetings, including business matchings.
"Prior to the participation in this expo, Malaysia has set a target to achieve between RM8 billion and RM10 billion in trade and investment potentials over the six-month period based on the country's achievement in Astana Expo, Kazakhstan in 2017," he said.
He said this in a press conference following Expo 2020 Dubai Appreciation event on Wednesday.
Expo 2020 Dubai was held for six months beginning October 2021 until March 31, 2022.
The Prime Minister said another proud accomplishment was that the Malaysia Pavilion had received 1.1 million visitors since the start of the expo until March 29, 2022.
"Some 452 companies from Malaysia also participated in the trade and business programmes that were organised with weekly themes, showcasing more than 10 industries including healthcare, education, halal industry, tourism, and others," he said.
Apart from that, Ismail Sabri said the Malaysia Pavilion with the theme, 'Energising Sustainability', was triggered from the Twelfth Malaysia Plan which sets a five-year development plan for the country to achieve economic growth and transform it into a prosperous, inclusive and sustainable country.
"The roadmap is anchored on three key themes, namely resetting the economy, strengthening security, wellbeing and inclusivity as well as advancing sustainability."
The Malaysia Pavilion had received visits from more than 130 high-level international delegations including from the United States, Saudi Arabia, Australia, Argentina, United Arab Emirates (UAE), the United Kingdom (UK), as well as the European Union.
"Discussions were attended by over 21,000 people in-person and 515,000 people via online to increase their general understanding on the importance, difficulties and challenges faced in efforts to balance the socio-economic development with the environmental sustainability," he said.
Also present were Senior Minister cum Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali, Minister of Science, Technology and Innovation Datuk Seri Dr Adham Baba, Foreign Minister Datuk Seri Saifuddin Abdullah, Rural Development Minister Datuk Seri Mahdzir Khalid, and Deputy Works Minister Datuk Arthur Josep Kurup.
-- BERNAMA
Bernama
Wed Mar 30 2022
Malaysia has generated potential value for trade, investment and business leads worth more than RM70 billion for 26 weekly programmes at Expo 2020 Dubai, said Prime Minister Datuk Seri Ismail Sabri Yaakob. - BERNAMA
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy
The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Economic outlook: Corruption and lack of accountability hinder economic progress
Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
National Wages Consultative Council will be strengthened
The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Economic outlook: Ensuring 11 years of compulsory education for all children
Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Consolidated public sector projected to record lower surplus of RM41.7 bil 2024
The MoF said the consolidated general government revenue is estimated to increase slightly to RM384.7 billion in 2024.
PM announces substantial Budget 2025 hastening Malaysia to become Asian economic powerhouse
Datuk Seri Anwar Ibrahim said it would create jobs and also tackle financial leakages to enhance public spending efficiency.