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Malaysia's MITI eyeing RM700mn of potential exports on Qatar visit

Malaysia's MITI eyeing RM700mn of potential exports on Qatar visit

A total of 45 Qatari Captains of Industry from 36 companies attended the roundtable meeting, representing sectors such as food & food processing, pharmaceutical, and more.

Malaysia's Ministry of Investment, Trade & Industry (MITI) has secured RM700mn of Malaysian exports and services on Prime Minister Anwar Ibrahim’s working visit to Qatar.

The export commitments were made by various Qatari Captains of Industry during a business roundtable meeting with PM Anwar, facilitated by one of MITI’s agencies, the Malaysia External Trade Development Corporation (MATRADE).

A total of 45 Qatari Captains of Industry from 36 companies attended the roundtable meeting, representing sectors such as:

  • food and food processing;
  • pharmaceutical;
  • building materials;
  • real estate and construction;
  • education;
  • hospitality and healthcare;
  • finance;
  • aviation;
  • retail/distribution; and
  • digital economy.

At  the roundtable dialogue, PM reiterated Malaysia’s commitment to strengthening bilateral ties with Qatar, particularly in trade and investment. He emphasised Malaysia’s infrastructure, skilled and trainable talent, and business ecosystem for investors.

Minister of Investment, Trade and Industry Malaysia Tengku Zafrul Aziz affirmed MITI and its agencies’ prioritisation to facilitate all export and investment commitments by Qatari businesses, particularly in sectors such as chemicals/petrochemicals digital economy, E&E (including medical devices), food processing, halal industry, pharmaceuticals, oil and gas, and renewable energy.

Also in attendance at the roundtable was Malaysia’s Minister of Foreign Affairs, Dato' Seri Utama Haji Mohamad and Minister of Higher Education, Dr. Zambry Abd Kadir.

In similar news, the National University of Malaysia (UKM) has also opened its campus in Doha as of 14 May 2024.


Lead image / PM Anwar Ibrahim Facebook

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