A RM33.9 billion return from Dubai Expo

Prime Minister Datuk Seri Ismail Sabri Yaakob said Malaysia has generated RM33.9 billion in trade and investments following the signing of 43 MOUs, MOCs and Letters of Intent as well as 602 business indicators at Expo 2020 in Dubai.

He attributed the achievement to cross-ministry collaborations involving the Science, Technology and Innovation, Environment and Water, and International Trade and Industry ministries, together with their agencies and private companies.

He added that it proves that Malaysian companies and technologies are internationally recognised and have succeeded in attracting investments and interest from various strategic partners and the momentum is expected to continue for the next 18 weeks of the Dubai Expo.

The Malaysia Pavilion chose sub-themes that included commercialisation of local technologies, development of sustainable start-up ecosystems and green technology innovations, climate-resilient and sustainable infrastructures.

The Prime Minister noted that the nation has managed to surpass its original target of RM10 billion potential trade and investment returns for its participation in Expo 2020 Dubai which runs from Oct.1, 2021 to March 31 next year.

-NIAGATIMES

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