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Malaysia and UAE seal investment deals to overcome food shortage

Source:AETOSWire     Date:2022-03-17
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Malaysia attracted USD108.34 million (AED397.94 million) in potential trade and investments during the Sustainable Agriculture Week at EXPO 2020 Dubai.

 

The Ministry of Agriculture and Food Industries Malaysia (MAFI) hosted the week, which ran from February 21 to 26, with the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation), as the implementing agency.


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Malaysia-UAE bridges gap to overcome food shortage – seals over USD108 mil (AED397 mil) investments (photo: AETOSWire)

 

Over 40,000 visitors who attended the Malaysia Pavilion and participated in Sustainable Agriculture programmes, including its exhibition, tropical fruit showcase, cooking demonstrations, product launches, pocket talks, and MoU exchanges. Delegates also came from Senegal, Ivory Coast, Namibia, Japan, India, and Slovakia who were interested in exploring Malaysia’s sustainable agriculture.

 

This resulted in 20 companies securing 70 business leads with other international partners at the expo besides the 12 Memorandum of Understanding (MoUs) exchanged with the United Arab Emirates (UAE), Germany, Sweden, Maldives, and Egypt.

 

In addition, over 40 companies were involved in digital business matching through MAFI’s microsite www.mafi-events.com. More business activities are expected to continuously happen through the microsite beyond Sustainable Agriculture Week. Read more


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