Font Size

- Aa +

Wed 26 Jan 2011 03:31 PM

Font Size

- Aa +

Crown Prince to patron Invest Malaysia 2011 forum

More than 200 VIPS expected for major Abu Dhabi conference on Sunday

Crown Prince to patron Invest Malaysia 2011 forum
MALAYSIAN PM: Malaysia’s Prime Minister Najib Razak

HH Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, is to
patron Sunday’s Invest Malaysia 2011 Forum, which will see over 200 business
leaders from both Malaysia and the UAE gather to exchange investment ideas.

The
event is to be opened by the UAE Minister of Economy, Minister
Sultan Al Mansoori, and will also feature a keynote speech by Malaysia’s Prime
Minister Najib Razak.

Key speakers will include the Dato’ Sri Mustapa Mohamed, the
Malaysian Minister of International Trade & Industry (MITI), and Datuk
Jalilah Baba, CEO of Malaysian Investment Development Authority (MIDA),

The Malaysian leader is hoping to tie up a number of deals
with Arab companies, as Malaysia embarks on an unprecedented growth programme
over the next decade.

The country’s ‘Economic Transformation Programme’ is
designed to increase gross national income (GNI) from $6,700 in 2009 t0 $15,000
by 2020, turning Malaysia into a high income nation.

The one-day event in Abu Dhabi will focus on how Arab
investors can get involved in capital markets, renewable energy, healthcare and
green technology, while also outlining the benefits for companies doing
business in Malaysia.

Malaysia’s economy is expected to grow by close to five
percent this year, with the country having proved successful in attracting
investors into high technology industries, medical technology, and
pharmaceuticals.

The government is also trying to lessen its dependence on
state oil producer Petronas, which supplies 40 percent of government revenue.

‘Invest Malaysia 2011’ is jointly organized by the Malaysian
Investment Development Authority (MIDA), the Malaysian Embassy in Abu Dhabi,
Focus International and Arabian Business.

For more information, please email michael.mcgill@itp.com