Diary of Events

(1)  MITI Consultative Dialogue 2019

The Ministry of International Trade & Industry (MITI) launched the Consultative Dialogue 2019 on 12 September 2019 at the Perdana Hall with the theme “Rebuilding Malaysia Together”- Strengthening Synergies between Government and Industry.  MITI will reflect on the Government’s policies for the last ten years to rethink Malaysia’s trade, investment and industrial development policies.

Prior to the Launch, MITI had invited the national and international Chambers of Commerce, business and industry Associations in Malaysia to provide feedback on the issues faced in respect of the business operations of their members and suggested solutions (if any).  

At the Launch, MITI Minister YB Datuk Darell Leiking informed that 54 memorandums highlighting 379 issues were submitted by 108 associations to MITI.  There were 12 main clusters


-Market access


-Labour/ workforce / talent



-Logistics / infrastructure

In view of the many issues raised, there was a month-long consultation with the relevant industry groups.

YB Dr Ong Kian Ming gave a briefing at the launch.  The presentation slides are attached below.





The launch of the MITI Consultative Dialogue was followed by a month-long one-on-one engagements with the 108 business associations and Chambers of Commerce.

Following the month-long engagements with MITI, a town-hall session over one and half days was held on 15-16 October 2019 at MITI. 

On 15 October 2019, YB MITI Minister, YB Deputy MITI Minister, top officials of MITI and senior representatives from the relevant government ministries were present to dialogue with the industry groups.



On 16 October 2019, a Joint Ministerial Dialogue Session was held with the attendance of Ministers and Deputy Ministers from Ministry of Health, Ministry of Primary Industries, Ministry of Energy, Science, Technology, Environment & Climate Change, Ministry of Entrepreneurship Development, Ministry of Domestic Trade & Consumerism and senior officers from other Ministries and Government Bodies.

Contents of the Joint Ministerial Dialogue Session


Ministry No. of Issues
Ministry of International Trade & Industry (MITI) 3
Ministry of Primary Industries (MPI) 5
Ministry of Energy, Science, Technology, Environment & Climate Change (MESTECC) 6
Ministry of Health (MOH) 3
Ministry of Human Resources (MOHR) 3
Ministry of Home Affairs (MOHA) 2
Ministry of Finance (MOF) 6
Ministry of Water, Land & Natural Resources (KATS) 1

The Business Associations and Chambers of Commerce were encouraged to meet with the relevant Government bodies to work out possible solutions to the issues raised.


(2)  Seminar on Trade & Investment Opportunities in 8 African

     Countries” on 15 October 2019 at MIDA, Kuala Lumpur

MIDA organised a “Seminar on Trade & Investment Opportunities in 8 African Countries” on 15 October 2019 at MIDA’s office.  This event was held in conjunction with the “Third Country Training Programme: Investment Promotion for African Countries”.  This training programme is sponsored by MIDA, MOFA and JICA.

(2nd from left) Ms Ng Su Fun, Executive Secretary, MASSA moderated Session I with Speakers from (from left to right) Tanzania, Ghana, Cameroon and Zimbabwe

Eight countries namely Cameroon, Ghana, Zimbabwe, Tanzania, Lesotho, Rwanda, Uganda and Benin participated in this Seminar. The representatives of these countries comprised senior Government officers that were empowered to promote and facilitate Foreign Direct Investments into their respective countries.

More than 100 Malaysian enterprises attended this Seminar.  It was a valuable opportunity for the Malaysian companies to meet these senior officers and to learn about their country and the potential to do business in sectors promoted by their Government and the range of investment facilitation that they can offer to potential foreign investors who seek to invest in their countries.


(left) Mr Nyanu Timothy Worlanyo, Principal Investment Promotion Officer, Ghana Investment Promotion Centre, Accra, Ghana giving his presentation

(left) Ms Pendo Herbert Gondwe, Zonal Manager – Investment Promotion and Facilitation, Tanzania Investment Centre (ITC), Dar Es Salaam, Tanzania giving her presentation

(3)  Courtesy call by Mr Amr Abdel Halim, Minister

      Plenipotentiary Commercial, Embassy of Egypt

      to MASSA on 22 October 2019

Mr Amr Abdel Halim, Minister of Plenipotentiary Commercial of the Embassy of Egypt, Kuala Lumpur visited MASSA on 22 October 2019.

The Egyptian economy remains vibrant  and  glowing  at  a  healthy  GDP  of 5.6%   (FY 2019).  The Government of Egypt successfully implemented a first wave of macro-economic and structural reforms that successfully addressed a number of deep-seated issues and helped to stabilise the economy, sustain growth and lay the groundwork for more dynamic private sector participation in the economy.

More news and information on Egypt will be forthcoming.

(Centre) Mr Amr Abdel Halim, Minister of Plenipotentiary Commercial, Embassy of Egypt in Kuala Lumpur presenting a souvenir to (right) Ms Ng Su Fun, Executive Secretary, MASSA and (left) Ms Florence Khoo, Asst. Executive Secretary, MASSA

(4)  Meeting with MAPE and Expomal International Sdn Bhd

      on 1 November 2019 at MASSA Secretariat 

Ms Ng Su Fun, Executive Secretary MASSA and Ms Florence Khoo, Asst. Executive Secretary met Mr Ismael Nabe, Vice President/Co-Founder, Malaysian African Professionals & Entrepreneurs (MAPE) and Mr Jway Chan, Chief Executive Officer, Expomal International Sdn Bhd at MASSA.

Issues discussed at this meeting were on organised activities and events for MASSA members.  

(left to right) Mr Jway Chan, Ms Ng Su Fun, Mr Ismail Nabe and Ms Florence Khoo

Briefing by the Sustainable Energy Development Authority (SEDA) Malaysia on 12 November 2019 at SEDA Malaysia, Putrajaya

Sustainable Energy Development Authority (SEDA) Malaysia



MASSA in collaboration with MAJECA jointly organised a visit to the offices of the Sustainable Energy Development Authority (SEDA) Malaysia in Putrajaya on 12 November 2019.

30 representatives from 25 companies/organisations joined the meeting wherein SEDA gave a presentation and briefing on its functions, roles and objectives.  SEDA’s briefing focused on its programmes to administer and implement the renewable energy programmes in Malaysia, namely the Net Energy Metering (NEM) and the Feed-in Tariff (FiT).

SEDA was stablished on 1 September 2011 under SEDA Act 2011, is an agency under the Ministry of Energy, Science, Technology, Environment and Climate Change (MESTECC). 


The functions of SEDA include:

To promote, stimulate, facilitate and develop sustainable energy (Renewable Energy & Energy Efficiency).

To advise the Minister & Government Entities on all matters relating to sustainable energy.

To implement, manage, monitor & review the Feed-in Tariff system.

To promote & implement national policy objectives for RE.

Act as focal point on matters relating to Sustainable Energy & climate change matters relating to energy.

Implement initiatives that has been mandated by Government (including by states).


Introduction and Welcome

Puan Azah Ahmad, Senior Director of Strategic Planning, SEDA gave a welcome to all participants, introduced the role, objectives and visions of SEDA.

Puan Azah Ahmad introduced the Renewable Energy Programmes currently administered by SEDA to MASSA members


(left to right) Datuk Merlyn Kasimir and Dato’ Lawrence Lim Swee Lin, both MASSA EXCO members attending the briefing at SEDA’s office


MASSA members present at the briefing by SEDA

(3rd from left) Ms Ng Su Fun, Executive Secretary of MASSA with JAGAM members

Ms Ng Su Fun, Executive Secretary of MASSA gave the closing remarks for MASSA

(centre) Dato’ Lawrence Lim Swee Lin presenting a token of appreciation to (right) Puan Azah Ahmad with (left) Ms Ng Su Fun

We thank SEDA for hosting the informative briefing on 12 November 2019 for MASSA members.

Contact Details 

Sustainable Energy Development Authority (SEDA) Malaysia
Galeria PjH, Aras 9, Jalan P4W
Persiaran Perdana, Presint 4
62100 Putrajaya
Tel: +603-8870 5800 /  Fax: +603-8870 5900
E-mail: enquiry@seda.gov.my
Website:  http://www.seda.gov.my

Following are some of the presentation slides by SEDA on 12 November 2019 for your information.

Expertise Resource Association (ERA)

ERA was established in 1986 as a resource centre to pool the expertise, talents, skills and experiences of retired or retiring professionals and to co-ordinate their activities so that they can contribute beneficially to society, especially the business community, in their golden age.

Our members are former corporate managers or senior executives of government departments with a wealth of wide-ranging experiences, relevant knowledge and skills and are well-versed with the latest technologies. Most of us realize that with more time in hand and less office constraints, we are able to do more in a meaningful way to help others professionally in our retirement.  As senior citizens, we may not want to be on the fast track, but there certainly are equally challenging avenues for us to assume a vital role than just sitting around idly.  Retirement is not about moving into a ‘has-been’ age; many of us regard it as just taking a career change, ready to re-fire and re-engage.

We are committed to serve the society as we realize that what we have learned and earned through our career would be lost not only to ourselves but also to the community and the country at large if we don’t share it with others in need.  We stand committed to be involved and participative; we are definitely not limited by our age. In fact, we are liberated by it and we are ready to serve.

(3rd from left) Heartiest Congratulations to ERA advisor, Tan Sri Dato’ Dr. Soong Siew Hoong for being conferred the Honorary Doctor of Business Degree in recognition of his exceptional leadership & contributions to the Iron & Steel Industries, the Small & Medium Industries (SMI), skills and human resource development

The history of ERA dates back to 1982, the Year of the Aged was mooted by the United Nations, when the Pudu Rotary Club in Kuala Lumpur started serious deliberations led by YBhg Tan Sri Dato’Dr. Soong Siew Hoong, a dynamic and far-sighted corporate leader.  It was recognised that we in Malaysia had a large pool of trained and experienced human resources – the senior citizens – that should not go to waste just because these professionals had retired.

After a long and winding journey, ERA was finally registered in 1985, held its inaugural meeting and started operational the following year.

Our membership is multi-racial, comprising entrepreneurs, corporate leaders, scientists, engineers, accountants, media and public relations practitioners, and senior government officers. We have  a total close to 400 members, many of whom are life members.


Scope and focus of our activities

Unlike organizations set up by senior citizens and catering for their welfare, ERA focuses on creating avenues and building networking to help our members to channel their skills, knowledge, expertise and experiences to help others in society.


Young Entrepreneur Association Cambodia (YEAC) delegation to Malaysia visited Klang Chinese Chamber


Tan Sri Dato’ Dr. Soong Siew Hoong attending an event with YEAC Business Delegation Cambodia to Malaysia


Besides offering resource persons and matching them with those in need, we also organize seminars, courses and other special programmes designed for special business needs, or enhancing our mental, physical and emotional welfare, or our technical knowledge. All of us need to catch up with the fast pace of change by acquiring new concepts, new ideas and new technologies. While we believe in sharing, we also believe that learning is a life-long process applicable to all people, irrespective of age.

As our main objective is to assist companies and associations by bringing people together to create meaningful partnerships for success and to explore business opportunities for products and services, we also assume the vital role as a facilitator.

YEAC Business Delegation to Malaysia visited Doshin Rubber Product Sdn Bhd

We have good networking with many outstanding organizations both locally and overseas. These include Associated Chinese Chamber of Commerce and Industry of Malaysia (ACCCIM), Technological Association of Malaysia (TAM), Federation of Malaysian Manufacturers (FMM), Malaysia Productivity Corporation (MPC), SME Corporation, Malaysian Service Providers Confederation (MSPC), Myanmar Industries Association (MIA), Cambodian Junior Chamber of Commerce and Industry, Malaysia South-South Association (MASSA) and the various foreign missions in Malaysia as well as our Malaysian missions overseas.  The Founding President  and Honorary Advisor of ERA, YBhg Tan Sri Dato’ Dr. Soong Siew Hoong is also an EXCO  Committee Member of MASSA. 

28 October 2018 – Siem Reap Chamber of Commerce Delegation to Malaysia. Activities to upgrade English proficiency – New English Teaching/Learning Methodology


Contact Details 

Mr Roger Lye
Expertise Resource Association (ERA)
No. 68-3, Jalan PJU 8/5B
Damansara Perdana
47820 Petaling Jaya
Selangor Darul Ehsan
Tel: +603-7726 2331 / Fax: +603-7728 2331
Email: lyeroger@gmail.comera@era.org.my
Website: https://era.org.my


MIMOS – Future-Proofing Government and Industry

Logo of MIMOS Berhad


MIMOS: Future-Proofing Government and Industry

The arrival of Industry 4.0 has served a reality check to global industries and manufacturers; they now have to change their traditional way of using labour force – to the use of advanced technologies to enhance efficiency, improve quality and reduce costs.

To pave the way for greater technology adoption, job creation and development of high-skilled talent pool in the manufacturing sector, Malaysia’s International Trade and Industry Ministry (MITI) introduced Industry4WRD: National Policy on Industry 4.0. 

The blueprint envisions a more intense development of capacity and capability in the manufacturing sector, with the aim to spawn Malaysia’s own technology. The move to include MIMOS under MITI’s umbrella in October 2018 was seen as strategic to accelerating digital transformation in industries especially among small and medium entreprises (SMEs), in support of the blueprint.

As a national applied research and development (R&D) centre, MIMOS has been playing a pivotal role of technology provider for the government and local industries.  With the advent of Industry 4.0, the role has become more strategic and trend-driven.  The centre is now actively offering its expertise, resources and facilities for the R&D of disruptive technologies; for the government and industry as well as academia.

MIMOS’ current efforts are aligned with the eleven enabling technologies of Industry 4.0; which are Artificial Intelligence, Advanced Materials, Additive Manufacturing, Big Data Analytics, Blockchain, Cloud Computing, Internet of Things, System Integration, Simulation, Augmented Reality, and Cybersecurity.   

Prime Minister Tun Dr Mahathir Mohamad trying on MIMOS’ GlucoSenz, a blood-glucose screening device that works by using photonics and software technologies to analyse blood glucose level from human blood capillaries without piercing the skin.



Enhancing government delivery system

MIMOS works on increasing Malaysia’s attractiveness to citizens, investors and visitors by enhancing the government delivery system.  Its researchers, engineers and scientists work on global and emerging technologies to improve government efficiency and productivity, enhance fiscal governance, in turn ensuring integrity of trade environment.

By using advanced technology applications, government administration eliminates unproductive processes and performs better in terms of corruption perception, consequently improving National Competitiveness index and ‘Ease Of Doing Business’ ranking.

MIMOS technology also responds to citizen’s needs; from national security and public safety to healthcare and mobility; from food production to food safety, and more.

Some of MIMOS’ initiatives in recent years include national level, high-impact projects such as:

  • Malaysian Health Data Warehouse – a comprehensive system that integrates critical medical information from various public and private healthcare systems nationwide. It includes a patient treatment information system and patient registry information system.
  • National Flood Forecasting and Warning Centre – manages and disseminates information related to flood forecasting and early warning to respective authorities and the general public.
  • Smart Lockup – a smart surveillance system that integrates Video Analytics, Data Analytics and IoT to increase security and prevent in-cell incidents at detention centres.
  • Integrated Logistics Information System – a system that supports the Royal Malaysian Navy’s logistics needs, strengthen its coordination and operational movements.
  • Hydro-Climate Data Analysis Accelerator – The Natural Disaster Forecasting and Warning System is used by the Malaysian National Hydraulic Research Institute (NAHRIM) in visualising projected hydroclimate data of rainfall and the corresponding runoff after-effects based on the river basin map for Peninsular Malaysia.
  • Intelligent Community – a social innovation programme that provides digital communications tools and video surveillance system inclusive of mobile applications with disaster alert, public policing and communication functions. The programme also provides smart solutions for rural agriculture using modern technology such as Internet of Things and Artificial Intelligence.  In Sabah, the deployment of intelligent agriculture solution using smart sensor-based technology for shiitake mushroom cultivation recorded 85% yield improvement and 20% growth increase.
  • Smart City initiatives – MIMOS works with state governments in deploying Smart City projects in the country. In Johor, MIMOS works with Digital Johor in areas such as Big Data Analytics for government administration and business; smart healthcare and intelligent policing.  MIMOS also enables local companies to venture into global Smart City market through solutions such as Smart Street Light and Smart Energy Controller.


MIMOS Chief Technology Officer Thillai Raj is a well sought-after speaker at technology conferences and events.


Empowering industry with global technology

To ensure Malaysia remains a competitive trading nation, MIMOS drives the local industry to gain competitive edge in the value chain by innovating processes, creating new operational and information systems, as well as develop new materials and applications that would increase productivity, lower costs and meet sustainability goals.

In that endeavour, MIMOS develops and maintains a digitally-trustworthy technology ecosystem for manufacturers, suppliers, clients and government agencies.  Housed at MIMOS campus in Kuala Lumpur are world-class, national-level labs and technology facilities including centres for Semiconductor Technology, Product Design and Digital Modelling, Internet of Things, Big Data Analytics and Digital Government.

MIMOS also runs an Information Security Research centre, an Industry 4.0 experience centre, a Technology Transfer hub and the recently-launched Centre of Artificial Intelligence for Future Industry (CAIFI), in which it partners Microsoft Malaysia.

These technology centres are established through collaboration with various organisations including government agencies, industry and academia; where they leverage on each other’s strengths, resources and expertise in the various subject matters.

Sustainability and sustainable development are becoming a critical factors of today’s business strategies and operations. Working closely with industry along with relevant government authorities, university researchers and NGOs, MIMOS has deployed environmental technology such as solutions for flora and fauna protection at forest reserves; and water quality monitoring at selected lakes and rivers.  MIMOS is also working with industry and authorities in deploying solutions for peat forest management.

In a recent collaboration with a global consumer goods corporation, MIMOS uses Big Data Analytics and Blockchain technologies to optimise the efficiency of data collection process. Through this system, the company is able to identify areas of social and environmental risks along their supply chain; subsequently, they can plan and monitor follow-up actions for improvement and progress.

MIMOS Senior Principal Researcher Dr Hon Hock Woon (left) briefing Minister of International Trade and Industry Datuk Darell Leiking on MIMOS’ Licence Plate Recognition technology. Looking on are MIMOS Chief Technology Officer Thillai Raj and Microsoft Malaysia Managing Director, K Raman.


Energising the local E&E industries

MIMOS has been instrumental in strengthening the productivity and competitiveness of Malaysia’s electrical and electronics (E&E) and manufacturing sector through technology development and advanced engineering services.

As at 2019, MIMOS’ advanced E&E shared service and facilities has benefited some 50 multinational companies and 15 SMEs. The facilities also support customised skills and competency development in semiconductor, microelectronic technologies as well as IoT specialist certifications for industry competitiveness.

Employing teams of engineers with more than 15 years working experience, the facilities serves as an important nexus that support the integrated circuit design and wafer fabrication industry; and provides a platform conducive to facilitating R&D activities and solving manufacturing issues. Currently, more than 350 customers are benefiting from these facilities.

To add value for clients, MIMOS works closely with university expert practitioners as consultants in solving industries issues. Partnership with university labs and other private labs in Malaysia enables the provision of one point-of-entry on Analytical Services for E&E industries.


Go-between industry and learning institutions

Industry-competent graduates are progressively entering today’s workforce, and they are already impacting the nation’s transformation.  MIMOS’ goal is to develop an endless pool of industry-competent graduates with insights to Industry 4.0 potentials.

MIMOS will continue to establish collaborations with universities as a way to connect students with industry.  The collaborations allow students to engage in real projects that provide them with practical experience and exposure to actual business issues.

Continual engagement between MIMOS, industry and academia is important so that Malaysia can have a virtuous cycle of knowledge, talent and experience that ultimately can bring benefits to the country. Collaboration with Malaysia’s top public and private universities will ensure that this trend will continue.

For instance, MIMOS promotes key areas such as Data Science, Nanotechnology and IC Design as viable career paths for university students. Then, with the collaborations, MIMOS would offer its technologies, resources and expertise through various programmes such as industry partnership, internship, knowledge exchange and job placement. MIMOS also works with industry partners to support talent development programmes and in providing technological expertise and consultancy services.

One of the Fab machines at MIMOS’ advanced shared service facilities.

Way forward

At the unprecedented rate technology is advancing, no organisation can predict accurately where and how they would be in five years. But given Malaysia’s keen embrace of Industry 4.0, MIMOS sees an increasing relevance of its roles, and of the technology solutions it creates.

As an agency that has been entrusted to drive Industry 4.0, MIMOS will continue to promote the importance and benefits of Industry 4.0 adoption, to encourage SMEs to embark on the technological transformation.

Strengthening the existing E&E ecosystem has always been Malaysia’s aim. The players, including foreign multinationals, realise that E&E sector is the golden goose of Malaysia.  MIMOS has been an important enabler, and will continue to drive value for this sector.

MIMOS will continue to ensure that Malaysia forges ahead in the evolving challenges posed by Industry 4.0.  Its activities will continue to focus on ensuring Malaysia’s industries, particularly SMEs, have the necessary technological talent and skills to succeed in Industry 4.0. 

As the world enters another decade, MIMOS will intensify efforts to contribute to digital transformation initiatives for the Malaysian government and industry; and prime our leaders and youth with future skills and competency to thrive in the age of machine intelligence and disruptive technology.

Contact Details 

MIMOS Berhad
Technology Park Malaysia
57000 Kuala Lumpur
Tel  : +603 8995 5000 / Fax: +603-8996 2755
Email: info@mimos.my
Website: http://www.mimos.my 

Country Feature on Arab Republic of Egypt

Egypt Flag


Map of Africa


Map of Egypt Source: Egyptian State Information Service (SIS)




Egypt is sustaining its robust growth, fiscal outturns are improving, and external accounts are stabilizing at broadly favorable levels. Inflation receded significantly, paving the way for monetary easing. Social conditions remain difficult, as the economy recovers from the preceding period of high inflation. Resolving long-standing challenges will be key to achieve structural transformation towards a vibrant economy where the business environment is conducive for competition, and the private sector is capable of generating more and better jobs.  


Recent developments

Real GDP growth reached 5.6 percent in FY19, up from 5.3 percent in FY18. Data for the first nine months of FY19 show that this pickup is driven by net exports, as goods and services exports inched up in tandem with a contraction of oil imports (supported by the increase in natural gas production). Private investment is also picking up. On the sectoral side, gas extractives, tourism, wholesale and retail trade, real estate and construction have been the main drivers of growth. Unemployment decreased to 7.5 percent in Q4-FY19 (from 9.9 percent a year earlier), although accompanied by shrinking labor force participation. The share of employed individuals remained modest, at 39 percent of the working age population, indicating relatively weak private sector job-creation. Indeed, the credit extended to private businesses averaged only 22 percent of total domestic credit during FY19 (slightly lower than the previous year). Similarly, the Purchasing Managers’ Index (PMI), an indicator for non-oil private sector activity, has been relatively feeble, averaging 49.3 throughout FY19.  The Central Bank of Egypt cut policy rates by 150 basis-points in August 2019, a move that should improve private sector cash flow via its impact on lending rates.

Policy rates have decreased to 14.25 percent and 15.25 percent for the overnight deposit and lending transactions, respectively, albeit still 250 basispoints higher than their levels prior to the 2016 depreciation. The monetary easing was triggered by the remarkable decline in headline inflation in July 2019 to 8.7 percent, due to favorable base effects, as well as moderating food inflation; altogether diluting the inflationary impact of the July energy price hikes.


The budget and primary balances have improved to an estimated -8.3 percent and 1.9 percent of GDP, respectively in FY19, from -9.7 percent and 0.1 percent of GDP a year earlier. This comes on the back of the containment of energy subsidies and civil servants’ wages, in addition to increased revenues collection (notably from the VAT and income tax). In tandem, government debt is estimated to have decreased to 90.5 percent of GDP in end-June 2019, from 97.3 percent of GDP in end June 2018, with the decline mostly stemming from the domestic portion.  Egypt’s external position has stabilized at broadly favorable levels, as foreign reserves reached US$44.97 billion in end August 2019 (covering around eight months of merchandise imports). However, non-oil exports remain sluggish. FDI also remained modest and predominantly directed to hydrocarbons. Portfolio inflows were supported by the sovereign Eurobond issuances worth US$4 billion and EUR2 billion during H2-FY19, as well as continued foreigners’ purchases of government securities.


The Egyptian pound strengthened against the US$, reaching EGP/US$16.4 by mid-September 2019; cumulatively appreciating by around 16 percent since the Pound’s weakest point around mid-December 2016. Another component of exchange rate liberalization was achieved in September 2019 with the abolition of the “customs dollar” – a fixed exchange rate applicable to trade transactions. While the macroeconomic environment has improved, social conditions remain difficult. Between 2016 and 2018, nominal wage growth fell below inflation. Official reports indicate that 32.5 percent of the population lived below the national poverty line in FY18, with the highest poverty rates in rural Upper Egypt. If the World Bank’s internationally comparable poverty line of US$3.20 per person per day (2011 PPP) for lower middle income countries is used as the threshold, then simulations using per capita private consumption growth rates suggest that 15.8 percent of the population was poor in 2019. 


FIGURE 1 – Arab Republic of Egypt / GDP growth and employment rate, FY2015Q3-FY2019Q3 Sources: Ministry of Planning and CAPMAS



FIGURE 2 – Arab Republic of Egypt – Headline and core CPI inflation, July 2014 – August 2019 Source: Central Bank of Egypt



Assuming a continuation of macroeconomic reforms and a gradual improvement in the business environment, economic growth is expected to reach 6 percent by FY21, supported by a recovery in private consumption, investments and exports (notably in tourism and gas). If overall growth is reflected in a per capita private consumption growth (of at least 0.7 percent) that is distributed across all the income groups, then poverty rates – at the international poverty line of US$3.20 – could be reduced from 15.80 percent to 15.67 percent, during the forecast horizon. The overall fiscal deficit is also expected to continue declining gradually over the medium term.  The newly adopted fuel indexation mechanism should (partially) shield the budget from exchange rate movementes or shocks in global oil prices.  The external accounts are expected to remain stable over the forecase trajectory.  The current account deficit is expected to hover aroung 2.6 percent of GDP (compared to 2.4 perent in FY18), due to the balancing effects of an expected improvements in the services trade surplus, against a decline in private transfers (if remittances – especially from the Gulf – continue to inch downwards). 


TABLE 2: Arab Republic of Egypt / Macro Poverty Outlook Indicators

(Annual Percent Change Unless Indicated Otherwise) 

2016 2017 2018 2019 e 2020 f 2021 f
Real GDP growth, at constant market prices 4.3 4.2 5.3 5.6 5.8 6.0
Private Consumption 4.7 4.2 1.1 0.7 2.0 2.5
Government Consumption 3.9 2.5 1.7 2.4 5.0 2.5
Gross Fixed Capital Investment 11.9 11.9 16.4 13.7 14.8 16.0
Exports, Goods and Services -15.0 86.0 32.2 1.2 6.5 8.5
Imports, Goods and Services -2.2 52.5 11.3 -7.5 0.5 3.5
Real GDP growth, at constant factor prices 2.3 3.6 5.2 5.6 5.8 6.0
Agriculture 3.1 3.2 3.1 3.0 3.0 3.0
Industry 0.8 2.1 6.4 7.5 6.4 6.8
Services 3.2 4.6 5.0 5.0 6.0 6.0
Inflation (Consumer Price Index) 10.2 23.3 21.6 13.9 11.0 10.0
Current Account Balance (% of GDP) -6.0 -6.1 -2.4 -2.6 -2.6 -2.6
Net Foreign Direct Investment (% of GDP) 2.0 3.3 3.0 2.1 2.3 2.7
Fiscal Balance (% of GDP) -12.5 -10.9 -9.7 -8.3 -7.5 -7.0
International poverty rate ($1.9 in 2011 PPP)a,b 1.4 1.4 1.4 1.4 1.4 1.4
Lower middle-income poverty rate ($3.2 in 2011 PPP)a,b 15.9 15.7 15.8 15.8 15.7 15.7
Upper middle-income poverty rate ($5.5 in 2011 PPP)a,b 61.0 60.2 60.4 60.5 60.2 60.0
Source: World Bank, Poverty & Equity and Macroeconomics, Trade & Investment Global Practices.

Notes: e =  estimate, f = forecast.

(a) Calculations based on 2012-HIECS and 2015-HIECS. Actual data: 2015. Nowcast: 2016-2018. Forecast are from 2019 to

(b) Projection using point-to-point elasticity (2012-2015)  with pass-through = 0.5 based on private consumption per capita in constant LCU.


1.    Business registration and visa for directors and work visa for staff

       (Fees and period)

-Foreigners interested in employment in Egypt have to obtain work permits and follow the regulations issued by the Ministry of Manpower and Migration in this regard. After a work permit is obtained, the foreign national’s visa (whether tourist or temporary) is converted into a work visa, with the same duration as the work permit.

 -Work permits are usually granted to foreigners for a period of one or less than one year. It may also be issued for a period exceeding one year after settling the relative fee for the requested period.


2.    The Commercial Register Law

-The process of registration whether for agents or companies, is governed by the Commercial Register Law No. 34 of 1976 and its amendments (98/1996 the basic rule is that anyone carrying on a commercial activity must register in the Commercial Register at the local Register of Commerce. A counter is available at the GAFI. 

-The Commercial Register Law provides that all registrations must be renewed every 5 years.


3.     Banks interest rate and loan rates

 Interest Rate in Egypt averaged 11.92 percent from 1991 until 2019, reaching an all-time high of 21.40 percent in October of 1991 and a record low of 8.25 percent in September of 2009, the current interest rate announced by The Central Bank of Egypt is 14.25 percent.

The biggest Banks in Egypt are:

        1.   AlAhly National Bank of Egypt (NBE),

       2.   Bank Misr,

       3.   CIB Egypt’s largest private-sector bank the Commercial International


       4.   The Arab African International Bank


4.    Tax holiday area and other benefits

 Corporate income tax (CIT) rate in Egypt is 22.5% on the net taxable profits of a company.  The above rate applies to all types of business activities except for oil exploration companies, which profits are taxed at 40.55%. In addition, the profits of the Suez Canal Authority, the Egyptian Petroleum Authority, and the Central Bank of Egypt are taxable at a rate of 40%.


5.    VAT % for local market

The standard VAT rate is 14% as of financial year 2017/18 unless otherwise stated.


6.    Industrial zone to get maximum benefit to buy local raw materials

        and process to Export

There are so many industrial zones in different Governorates of Egypt, for more data on industrial zones in the province, please visit the following website: https://www.gafi.gov.eg/English/StartaBusiness/InvestmentZones/Pages/


Iron and Steel Factory in Egypt


7.   Government Guarantees and safeguards to Foreign Investors

      (according to Law No. 72 of 2017 Promulgating the Investment Law)


The new law guarantees a number of protections for international investors to encourage new development in Egypt:

 -Foreign investors will receive the same treatment under law as Egyptian nationals. (National treatment)

-Foreign investors may now be granted preferential treatment, with approval from the Council of Ministers, in application of the principle of reciprocity. Investments will not be governed by arbitrary procedures or discriminatory decisions. 

-Investment projects will not be nationalized.

-No administrative authority can revoke or suspend investment project licenses without proper warning, due process, and time to correct any issues.

-Foreign investors are guaranteed residence in Egypt during the term of  a project.

-Investors have the right to transfer their profits abroad. 

-Investors’ projects may include up to 10% foreign employees, and up to 20% for investment companies.

– Foreign employees of investment companies have the right to transfer their compensation abroad.

8.     The new investment law incentives. (according to

        Law No. 72 of 2017 Promulgating the Investment Law)

         ▪  General Incentives: Companies will receive a 2% overall customs tax exemption on the value of imported equipment and  machinery. They will also be exempted from stamp tax and registration fees on articles of association, mortgages, loan agreements and land contract notarizations related to their investment.

        ▪  Special Incentives: The above mentioned law provides deductions from taxable net profits according to the investment map that has identified investment areas as Sectors A and B. Investors will receive a 50% discount off investment costs in Sector A and a 30% discount off investment costs in Sector B for specified priority activities. (For more details visit the following website: www.investinegypt.gov.eg)

       A.  Category/Sector “A” includes:

Projects located in the areas that are much in need for development (upper Egypt, Red Sea, golden triangle, Sinai, New valley, & SE ZONE).

      • The Suez Canal Economic Zone.

  The Golden Triangle Economic Zone

Other lagging, underdeveloped, regions that are in need of development, are determined by a Ministerial Cabinet’s decision

Zone “A” – Tax Deduction of 50%

The 50% shall be calculated of the Investment cost of the project. The 50% will be deducted from the taxable net profit Over 7 years.


      B. Category/Sector “B” includes: Projects located in the rest of the country.

Zone “B” – Tax Deduction of 30%

       • 30% of the investment cost of the project shall be granted for the

          following activities: Labor-intensive projects.

       • SMEs

       • Renewable energy projects.

       • Tourism projects as specified by the SIC.

       • Vehicle and related feeders industry projects.

       • Wood, furniture, printing, packaging and chemical industries.

       • Antibiotic, cancer treatment and cosmetics.

      • Food and agricultural products as well as agricultural waste projects.

      ▪ Additional Incentives: Egypt’s Council of Ministers may decree additional incentives, which will be awarded by the head of the General Authority for Investment and Free Zones (GAFI). These may include subsidized utilities, the allocation of lands free of charge for strategic activities, and other incentives.

MCV Bus Factory in Egypt


9.   Controls Related to Foreign Labor

 ▪ The investment project has the right to employ foreign workers within 10 percent of the total number of employees in the project. This percentage may be increased to no more than 20 percent of the total number of employees in the project, in case it is not possible to employ national workers with required qualifications subject to the Executive Regulation of this Law.

      ▪ Foreign workers are entitled to remit their financial dues, in whole or in part, abroad.


10.    Egypt’s foreign direct Investment target rate and sectors

Egypt plans to attract $11 billion in foreign direct investment in the current 2018-19 fiscal year, in the following sectors: Chemical Industry, Communication and information technology, education sector, Mining sector, pharmaceutical and medical, Automotive sector, construction.


11.     Land Ownership Regulations

The ownership of land by foreigners is governed by three laws: Law No. 15 of 1963, Law No. 143 of 1981 and Law No. 230 of 1996.

          Law No. 15 of 1963

Law No. 15 and its amendments (Law 104 of 1985) provides that no foreigners, whether natural or legal persons, may acquire agricultural land.


          Law No. 143 of 1981

Law No. 143 and its amendments (55/1988, 205/1991, & 96/1995) governs the acquisition and ownership of desert land. Certain limits are placed on the number of feddans (one feddan is equal to approximately one hectare) that may be owned by individuals, families, co-operatives, partnerships and corporations. Partnerships are permitted to own 10,000 feddans, provided that the individual shall not own more than 150 feddans. Joint stock companies are permitted to own 50,000 feddans.

Partnerships and joint stock companies may own desert land within these limits even if foreign partners or shareholders are involved, provided that at least 51 percent of the capital is owned by Egyptians. However, upon liquidation of the company, the land must revert to Egyptians. Article 1 of Law No. 143 defines desert land as the land two kilometers outside the border of the city. Further, the lease of such land for more than a period of 50 years shall also be considered to be ownership under Law 143. Although companies formed under the Investment Law No. 8/1997 do not require Egyptian participation, companies that undertake projects over desert land must be owned in their majority by Egyptians. According to the law 55 of 1988, the President of the Republic may decide to treat Arab nationals as Egyptian nationals for purposes of this law.


         Law No. 230 of 1996

On July 14, Law No. 230 of 1996 was issued superseding Law No. 56 of 1988. The new law allows non-Egyptians to own real estate whether built or vacant with the following conditions:

         • That ownership be limited to only two real estate properties throughout Egypt for accommodation purposes of the person and his family (family meaning spouses and minors), in addition to the right to own real estate needed for activities licensed by the Egyptian Government.

         • That the area of each real estate not be in excess of four thousand square meters.

         • That the real estate is not a historical site.


Exemption from first and second conditions is subject to the approval of the Prime Minister. Ownership in tourist areas and new communities is subject to conditions established by the Cabinet of Ministers.

Furthermore, non-Egyptians owning vacant real estate in Egypt must build within a period of five years from the date their ownership is effective (the date on which the realty is recorded at the competent Notary Public Office). NonEgyptians may only sell their real estate five years after registration of ownership, unless the consent of the Prime Minister is obtained.  The terms of property ownership vary according to the nature and location of the property. The type of land (desert, reclamation, agriculture) and proximity of the land from the country’s borders determine which laws apply and these laws in certain instances restrict ownership.


12.   According to Article (82) in Law No. 72 of 2017 Promulgating

        the Investment Law, Settlement of Investment Disputes:

Without prejudice to the right to litigation, any dispute arising between the Investor and any one or more government bodies in relation to the Investor’s capital or the interpretation or enforcement of the provisions of this Law may be settled amicably through negotiations among the disputing parties.

The Government of Egypt has embarked on a number of national mega projects that aim to enhance the competitiveness of the economy, create employment opportunities and attract foreign and domestic private investments. With work underway by more than 1,000 companies and nearly two million Egyptian workers, these national mega projects such as Suez Canal economic zone, New Administrative Capital and the Golden Triangle are contributing to a new chapter in Egypt’s economic progress.


Suez Canal Economic Zone (SCEZ)



As part of the launch of the New Suez Canal, Egypt has made the development of the Sinai Peninsula a key part of its economic strategy. Through the Suez Canal Economic Zone, Egypt is transforming 461 square kilometers and six new ports into a vibrant hub for international commerce that will connect 1.6 billion consumers across Europe, Asia, Africa and the Gulf to Egypt’s own growing market of more than 90 million people.


Lies at the heart of international trade; 

Strategic geographic location and benefits from its strategic location along one of the world’s main trading routes.

Access to 1.6 billion consumers ;

  Complemented by world class ports, high quality logistics services and preferential trade agreements, it allows investors to efficiently, and competitively, access regional and global markets in Europe, the Gulf, East and Southern Africa and Asia.

Access to Domestic Market;

   Egypt has a large and growing domestic market of some 90 million people of whom 65% are of working age. With rising standards of living, the purchasing power of the domestic market will drive growth in many sectors.


    Egypt has a huge, competitively priced workforce available to meet investor requirements.

 • Strong Track Record;

    Egypt is a major industrial producer. The Suez Canal Zone can draw upon and expand the existing strong ties with multinational and domestic corporations to develop a much enhanced manufacturing sector.

  A True One-Stop-Shop;

    Unified and streamlined procedures and processes designed to minimize delays and costs to the investor. A unique customer service at which only one employee finish all the procedures of issuing of all approvals and licenses for the projects.

High Quality infrastructure and linkages;

   State-of-the-art infrastructure services, including power, water, wastewater, telecommunication, and transport linkages will be provided to investors.

 • The Zone is supervised and managed by an independent General Authority by constituting an independent board comprised of key government ministries and private sector representatives.

The authority has a supreme committee that supervises the tax and the customs systems and operations in the Zone.

All imports are 100% exempted from duties and sales taxes.



With a continually rising population, the government has announced the establishment of several new cities, such as New Administrative Capital.

The New Administrative Capital It is a Smart Capital city that introduces a modern concept of residence and is expected to accommodate from 18 million people to 40 million people by 2050.



The New Administrative Capital is, therefore, designed to become the new regional investment hub, making it the ideal opportunity for those wanting toinvest in real estate.

The City also includes:

– A central park with an area of 8 km (bigger than New York’s central Park).

– A Green River, 35 Km long.

– Mega Mall.

– Conference Hall.

– Expo City.

– Medical city.

– Sports city.

– The new capital is planned to be a sustainable city, housing the ministries, parliament, Egyptian Media Production City, presidential palaces, and embassies.

The new capital’s main objective is creating a global city with smart technologies through:

– Recycling organic waste to grow and flourish local food.

– Build an integrated transportation network.

– Build a unified digital infrastructure.

– Create Smart network facilities.

– Create Smart traffic system.


3.    The Golden Triangle Economic Zone 

– The Golden Triangle, a new economic zone located between Qena, Safaga and Al Qusair, is considered one of the richest areas in mining sources accounting for 75% of Egypt’s mining minerals. The project is implemented by Italian Consultancy D’Appolonia, seeking to attract US$ 19 billion investments. The project aims to establish a new industrial capital by building an industrial, commercial, mineral, and touristic zone to serve, not only Egypt, but the African continent.

 – The region is rich in metallic and non-metallic minerals, including iron, copper, gold, silver, granite, and phosphate, which are involved in the manufacture of  many high economic industries and the manufacturing of construction and cement materials.

– The Golden Triangle lies on the outskirts of Qena and is home to Abou Tartour, a mining area in Egypt holding its largest phosphate reserves, estimated at almost a billion tons of phosphate rock.



– The mining wealth in this zone will allow the region to set up new factories that produce cement, glass, silicon, chemicals, and computer chips. Other projects will utilize raw materials to manufacture cement from clay and limestone and produce gasoline from oil-based clay.

– The region is also rich with tourist attractions that set the foundation for a number of tourism projects, including one example which is the Qena Qeft Road, which served as a road of pilgrimage in the past. Another tourism opportunity lies in the many inscriptions and pharaonic drawings on the road to Qena Safaga, a possible destination for organized tours. The road also contains the largest mine for “Alsamiqaa Imperial” stones, historically used by the Roman Empire to decorate their temples. Several touristic resorts are being planned for Dendara, Laqeta, and Qena Valley as well as between the Safaga and Al Qusayr areas.

– To support this opportunity, the region has an independent authority to develop the Golden Triangle area. It will govern investments in the economic zone, cut red tape, reduce bureaucratic processes and provide a familiar environment for international investors. Investments in the Golden will receive fast track licenses.

– Finally, agricultural land is being allocated within the Golden Triangle area for reclamation and cultivation under strong incentives by the new investment law. Egypt has successfully raised US$ 150 million from the International Finance Corporation for the development of its agricultural sector.

Egyptian Cables Factory


Notes: Following are 2 links about “Egypt manufacted iconic double-decker London buses” and “Elsewedy Cables” at:-


(ii) https://www.youtube.com/channel/UCsRZVlsQ8tFyWCNOREMus0g/videos


Contact Details 

Mr Amr Abdel Halim

Minister Plenipotentiary Commercial
Economic and Commercial Office
Embassy of Egypt in Kuala Lumpur
15H, 15th Floor, Plaza Ampang City
Jalan Ampang
50450 Kuala Lumpur
Tel  : +603 4257 3166 / Fax: +603-4252 4853
Email: kualalumpur@ecs.gov.eg




Greetings from MASSA!

The year has swiftly flown by and we have come to the last edition of MASSA’s E-Newsletter for 2019.

Since the last newsletter in August 2019, MASSA has had a few events in the last quarter of 2019.  The MASSA visit to Sustainable Energy Development Authority (SEDA) on 12 November 2019 was well attended by members.  SEDA officials presented the latest incentives for companies business entities (Commercial, Industrial and Agriculture) and residential owners to tap on the incentives offered by SDEA through its Net Energy Metering (NEM) and Feed-in-Tariff (FiT) programmes as part of the efforts to encourage more Malaysians to deploy renewal energy resources.

MASSA’s engagement with the African Nations are on-going.  This Newsletter has a feature on Egypt, a country with 101 million (as at 2019) population and a growing industrial sector.  Egypt is strategically located in the Gulf of Suez and has good business propositions for Malaysian business to consider.

MITI Minister, YB Datuk Darrel Leiking and his team of officials at MITI engaged the business private sector, over a month-long series of Consultative Dialogues in September 2019 with the theme “Rebuilding Malaysia Together – Strengthening Synergies between Government and Industry”.  The Consultative Dialogue brought industry and businesses together with Government to identify issues and challenges, provide feedback and offer ideas and solutions with the hope for the betterment of the business environment.

Going forward to 2020, we take cognisance of the challenging situations businesses will face both domestically and on the international front.  The era of digitalisation is fast evolving and transformation is the buzzword.  Companies need to be digital-ready to embrace new and innovative technologies that will shape and transform the business landscape.

MASSA is lining-up a series of events, visits and networking opportunities in 2020 for members to stay connected and to be updated on developments for the digital future.  We thank MIMOS for their informative article giving us a glimpse of their efforts to strengthen the Electrical & Electronics (E & E) ecosystem as this is a key enabler for technological transformation. 

We take this occasion to thank all our members, sponsors, associates and contributors for assisting us in bringing you informative articles in the publication of our E-Newsletter throughout 2019.

We look forward to your continuing support as we endeavour to add value to your South-South connections.

We wish all our members and readers “Season’s Greetings” and our best wishes for a “Happy, Healthy and Fruitful New Year 2020” !


Ng Su Fun
MASSA Secretariat

President’s Message

Tan Sri Azman Hashim
President MASSA













Greetings and Best Wishes for 2020!

Bank Negara Malaysia (BNM) released its latest report indicating that Malaysia’s economic growth will remain positive in the fourth quarter of 2019 (4Q19), and the expansion will be sustained into 2020, anchored by the country’s private sector spending and the diversified nature of its economy and exports.  BNM is confident that Malaysia’s GDP growth will be within 4.3% – 4.8% for 2019.

Moving forward, external uncertainties remain, given the volatility in the financial markets,  UK – Brexit and the resulting contagion effects arising from the US-China Trade Wars against a backdrop of weakening global trade growth.

At MASSA, much emphasis over the past year had been given to activities to enable members to be acquainted with the digital economy.  The age of digitalisation is fast sweeping the world into a brand new order whereby economic activities resulting from billions of everyday online connections among people, customers, businesses, devices, data and processes will make the world a smaller place and will redefine the world’s industries, jobs, new skills and the emergence of data-driven technologies to drive old businesses in a new way and the birth of new businesses.

While our Government is doing its part to build the necessary digital ecosystem and to encourage innovation, we in the  private sector can play our roles to improve our preparedness to embrace new technologies in our business processes, refocus our HR talents to higher value tasks and seize new business opportunities as they come onstream in the digital economy.

Towards this end, MASSA will endeavour to bring to members’ attention these areas, sectors and activities and we encourage your active participation to get acquainted, build your knowledge and seize the emerging opportunities.

I appreciate the continuing support and cooperation of all members, especially my fellow Executive Committee members with your regular attendance at MASSA events and at our EXCO meetings together with your generous contributions.

I also wish to thank all our supporters who have contributed valuable and insightful articles to our MASSA newsletters.

I wish you all a happy, healthy and successful new year 2020.


Tan Sri Azman Hashim


Forthcoming Events

(1)   Sarajevo Halal Fair at Skenderija Centre, Bosnia

        & Herzegovina on 26-28 September 2019

The Sarajevo Halal Fair (SHF) jointly organized by the Bosna Bank International (BBI), The Islamic Development Bank (IsDB) and the Islamic Development Bank Group Business Forum. SHF 2019 will be held as follows:

Date:       26-28 September 2019
Time:      10.00am – 4.00pm
Venue:    Center Skenderija, Terezija bb
                 71000 Sarajevo, Bosnia and Herzegovina


The SHF 2019 is an international halal industry exhibition that brings together representatives from all parts of the halal industry supply chain including private companies, public listed corporations, accreditation bodies, government officials and other halal market representatives. 

The halal market represents an opportunity to achieve good business potentials due to the increasing demand for halal products and services worldwide. 

This fair provides an opportunity to meet producers, manufactures, traders, investors especially from Albania, Montenegro, Croatia, Northern Macedonia, Slovenia, Serbia, Turkey, Saudi Arabia, United Arab Emirates, Malaysia, Indonesia, Kuwait, Bahrain, Oman, India, Pakistan,  countries of European Union – Germany, Austria, Great Britain, Netherlands, as well as the United States, Australia, China with the prospect to establish partnerships during B2B meetings and to expose consumers and business representatives to a wide range of offers in the halal market.

In conjunction with the Fair, there will be seminars and lectures at SHF 2019
focusing on food and beverage, tourism, finance, investment, medical, healthcare, cosmetics, pharmaceuticals, fashion design, art and creative industries.

For further information, please log on to
Website: https://www.sarajevohalalfair.com


(2) Visit to Sustainable Energy Development

      Authority (SEDA) Malaysia on 12 November 2019

MASSA Secretariat is planning a visit to Sustainable Energy Development Authority (SEDA) Malaysia and briefing by SEDA on 12 November 2019.   Details on this event will be circulated to members via our weekly circular nearer to event date.  For further information on this event, please contact MASSA Secretariat at Tel: 03-2078 3788 or Email: mail@massa.net.my


(3) 6th Showcase Malaysia 2019 – Explore

      Emerging Bangladesh on 3-5 December 2019 

      at Pan Pacific Sonargaon Dhaka, Bangladesh 


Explore Emerging Bangladesh



Pan Pacific Sonargaon Dhaka, Bangladesh

3-5 December, 2019


Organised by:


Chamber of Commerce and Industry (BMCCI)


Supported by:

Malaysia External Trade Development Corporation







Malaysia South-South Association (MASSA)







High Commission of Malaysia in Bangladesh








High Commission of Bangladesh in Malaysia







Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) has been working relentlesslywith a mission to foster the connectivity between business to business through organizing Business Forums, Trade Fairs, Exchange of Business Delegations, etc. to escalate the trade and investment opportunities between Bangladesh and Malaysia.

BMCCI organized the first Bangladesh-Malaysia Business Forum in 2004 in Dhaka with a grand success.  BMCCI organized Malaysia Single Country Trade Fair, “Showcase Malaysia” in 2008, 2011, 2013, 2015 & 2017 in Dhaka respectively.  BMCCI also organized “Showcase Bangladesh” in 2010, 2012, 2014 & 2019 in Kuala Lumpur.  In 2012 a seminar on “Business Opportunities in Bangladesh” and in 2014, two seminars- one on “Investment Opportunities in Bangladesh: Emphasized on Economic Zones and Public Private Partnerships (PPP)” and the other on “Investment Opportunities in Bangladesh: Infrastructure and other Potentials” were held in Kuala Lumpur.  In 2016 BMCCI also organized the Trade & Investment Summit in Kuala Lumpur, Malaysia with enormous success.

At the end of this year, BMCCI will hold the “6th Showcase Malaysia 2019- Explore Emerging Bangladeshin Dhaka on 3-5 December, 2019 at Pan Pacific Sonargaon Dhaka, Bangladesh.  It is being supported by MATRADE, MASSA and the High Commissions from both the countries.

The premier objective of this showcase is to emphasize Malaysia as a solid and compelling wellspring of diversified products & services and making a wide network for the Malaysian Businessmen with the local business community.  This occasion will  provide an incredible gateway to attract a large community of businessmen, specialists, guests, professionals, consumers and experts from Bangladesh and is relied upon to accomplish their motivation to extend Malaysia as their favored destination and hotspot for higher education, healthcare, tourism and travel industry, property venture, vehicles and automobiles, development and construction, building materials, petroleum explosion, banking and financial services, etc. BMCCI believes, Bangladesh has emerged as one of the most promising emerging markets in the world with all financial & ‘TO DO BUSINESS” indicators and Malaysian investors are beginning to recognize it as a market to keep an eye on. Currently, Bangladesh has the most investor-friendly regulatory regime in South Asia. The country has a trainable, enthusiastic, hardworking and low cost (even by regional standards) labor force suitable for any industry.

BMCCI invites Malaysian business leaders and exporters to participate in the showcase and strengthen the business relations with their Bangladeshi counterparts.



Event :             6th Showcase Malaysia 2019

                        –Explore Emerging Bangladesh

Date:                 3-5 December, 2019

Venue:              Pan Pacific Sonargaon Dhaka, Bangladesh



Monday, 2 December, 2019

08:00 to 20:00 – Exhibition Setup

12:00 to 18:00 – Stall Decoration Works


Tuesday, 3 December, 2019

09:30 to 10:30 – Registration

10:30 to 11:30 – Opening Ceremony

15:00 to 16:30 – Seminar, B2B Meetings, MOUs signing

11:30 to 20:00 – Exhibition open for all


Wednesday, 4 December, 2019

10:00 to 20:00 – Exhibition open for all

11:00 to 16:30 – Seminar, B2B Meetings, MOUs signing

19:30 to 22:00 – Gala Dinner and Cultural Program


Thursday, 5 December, 2019

10:00 to 18:00 – Exhibition open for all

11:00 to 16:30 – Seminar, B2B Meetings, MOUs signing

18:00 to 22:00 – Move out from venue



Early Bird Registration         : Up to 15 October, 2019

Registration                            : 16 October to 10 November, 2019



Description                              : Ready Stall (3m x 3m/10ft x 10ft)

Early Bird Registration          : US$ 2,000

Registration                              : US$ 2,500

*For Booth Registration Form, please log onto http://www.massa.net.my/wp-content/uploads/2019/09/Booth-Registration-Form-revised.jpg


FACITITIES (Each Stall, 3m x 3m /10ft x 10ft)

(1) 1 Table, 2 Chairs

(2) 1 Tube Light, 2 Spot Lights and 1 Power Socket

(3) 1 Basket, Floor Carpet etc.



Payments are to be made in favor of Bangladesh-Malaysia Chamber of Commerce and Industry by Crossed cheque / Pay order / Demand draft/TT.to A/C. No. 0012-0210005908 National Credit &Commerce Bank Ltd., Gulshan Branch, Dhaka-1212. SWIFT CODE: NCCLBDDHGSB



The organizers will not be liable for loss or damage incurred by any exhibitor. Exhibitors are advised to insure their exhibit products against theft, loss or damage and fire risks.



Telephone, Fax, E-mail, Photocopy, Photograph and sale staffs or stall attendants can be arranged during the exhibition on payment with prior requisition. Other logistic supports like clearing and transportation of goods can also be done with nominated agent with payment only.



Cancellation of stall booking shall only be considered on written application latest by 17 October, 2019. 50% per cent of the stall registration fee will be deducted for cancellation. No cancellation request will be entertained after the deadline.




Platinum Sponsor TK 30,00,000 US$ 37,500
Gold Sponsor TK 20,00,000 US$ 25,000


Silver Sponsor  



15,00,000 US$ 18,750
Co-sponsor TK 10,00,000 US$ 12,500


Mileages and benefits can be collected from BMCCI office.



A colorful souvenir will be published on the occasion incorporating the information furnished by the exhibitors. The exhibitors are required to submit company profile within 10 November, 2019 for the souvenir. For advertisement in the souvenir, a duly filled up Advertisement form with necessary payment (obtainable from the website of http://www.bmcci.org.bd/ or BMCCI office) has to be submitted to BMCCI before the deadline of 15 November, 2019.




Position Size Color Rate (TK.) Rate (US$)
Back Cover 10.5″ x 7.5″ 4 2,50,000 3.125
Back Inner Cover 10.0″ x 7.25″ 4 1,50,000 1,875
Front Inner Cover 10.0″ x 7.25″ 4 1,50,000 1,875
General Full Page 10.0″ x 7.25″ 4 80,000 1,000


Exhibitor’s Categories



-Power & Energy

-Herbal Products

-Cosmetic Products

-Food and Beverage

-Halal Food Products

-Airlines and Tourism

-Tele Communications

-Electric & Electronics

-Real Estate & Housing

-Information Technology

-Joint Venture Companies

-Automobiles & Spare Parts

-Infrastructure Development

-Palm Oil and related products

-Chemical & Chemical Products

-Machineries & Industrial Products

-Pharmaceuticals, Health Care Products & Services



Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI)




Bangladesh-Malaysia Chamber of Commerce and Industry

House # 3/A, Appt. # 302, Road # 136, Gulshan-1, Dhaka-1212, Bangladesh

Cell: +88 01819 412 110,

Tel: +88 02 9852519-20, 09612326224

Fax: +88 02 9895541

E-mail: secretary@bmcci.org.bd, info@bmcci.org.bd,

Website: www.bmcci.org.bd


MASSA Events

(1)  Malaysia-Argentina Roundtable Meeting

       on 6 May 2019

The Ministry of International Trade and Industry (MITI) received an Argentina delegation, led by Vice President of Argentina, H.E. Marta Gabriela Michetti.  Her Excellency was received by YB Datuk Darell Leiking, Minister of International Trade and Industry (MITI) Malaysia.  Accompanying the Vice President was H.E. Manual Jose Balaguer Salas, Ambassador of Argentina to Malaysia and senior officials from the Ministry of Foreign Affairs and Worship, Ministry of Agriculture and Fisheries and senior Argentina business people who have businesses established in Malaysia, namely Imartex and Workana.

(left) H.E. Marta Gabriela Michetti, Vice President of Argentina and (right) YB Datuk Darell Leiking, MITI Minister at the Malaysia-Argentina Roundtable Meeting

(left to right) Ambassador Pablo Quirno, UnderSecretary of International Economic Relations, Ministry of Foreign Affairs and Worship, Mr Ricardo Negri, President of the National Service of Agri-Food Health & Quality (SENASA), Mr Guillermo Bernaudo, Secretary of State for Agriculture and Fisheries and H.E. Manuel Balaguer Salas, Ambassador of Argentina to Malaysia


Deputy Secretary-General (Trade) of MITI, Dato’ Sri Norazman moderated the Roundtable Dialogue.  The Malaysian Industry captains at the roundtable included Petronas President & CEO, Tan Sri Wan Zulkiflee Wan Ariffin, Sri Inderajaya Holdings Sdn Bhd Chairman, Tan Sri Dato’ Seri A. P. Arumugam and IJM Corporation Bhd Chief Executive Officer, Dato’ Soam Heng Choon.

(left to right) Tan Sri Dato’ Seri A. P. Arumugam, Chairman, Sri Inderajaya Holdings Sdn Bhd, Tan Sri Dato’ Wong Foon Meng, Chairman of Bina Puri Holdings Bhd and Tan Sri Wan Zulkiflee Wan Ariffin, President & CEO of PETRONAS

(right) Tan Sri Dato’ Wong Foon Meng, Chairman of Bina Puri Holdings Bhd presenting MASSA “27th Years of South-South Co-operation” book to H.E. Marta Gabriela Michetti, Vice President of Argentina


MASSA was represented by Tan Sri Dato’ Wong Foon Meng, Chairman of Bina Puri Holdings Bhd, Ms Ng Su Fun and Ms Florence Khoo.  Other representatives included the National Chamber of Commerce and Industry of Malaysia (NCCIM), Federation of Malaysian Manufacturers (FMM) and SMI International Trade Association (SMITA) were also present.

Argentina presents opportunities to do business in the sectors of Energy & Mining, Infrastructure, Agrobusiness, Industrial Goods and Value Added Services.  Bilateral trade is currently in Argentina’s favour.  The delegation sought the assistance of Malaysia to enable the  import of Argentinian beef into Malaysia.

(2)  Courtesy Call on President of MASSA by the

       African Diplomatic Corps in Malaysia

On May 27 2019, the African Diplomatic Corps in Malaysia made a courtesy call on MASSA President, Tan Sri Azman Hashim.  The delegation was led by the Dean of the African Diplomatic Corps who is the Ambassador of the Republic of Zimbabwe, H.E. Cuthbert Zhakata.

His delegation comprised of:-
1.    H.E. Gamal Abdelrehim Mohamed Metwally 
       Ambassador of the Arab Republic of Egypt

2.   H.E. Mlondi Dlamini 
      High Commissioner of the Kingdom of Eswatini

3.    H.E. Akua Sekyiwa Ahenkora 
       High Commissioner of the Republic of Ghana

4.    H.E. Francis Ndewgwa Muhoro
        High Commissioner of the Republic of Kenya

5.    H.E. Walubita Imakando 
        High Commissioner of the Republic of Zambia


(left to right) H.E. Cuthbert Zhakata – Ambassador of the Republic of Zimbabwe and Dean of the African Diplomatic Corps, H.E. Walubita Imakando – High Commissioner of the Republic of Zambia, Tan Sri Azman Hashim – President MASSA, H.E. Akua Sekyiwa Ahenkora – High Commissioner of the Republic of Ghana, H.E. Francis Ndewgwa Muhoro – High Commissioner of the Republic of Kenya, H.E. Mlondi Dlamini – High Commissioner of the Kingdom of Eswatini and H.E. Gamal Abdelrehim Mohamed Metwally – Ambassador of the Arab Republic of Egypt

 (3)  YAB Tun Dr Mahathir Mohamad dialogue with

        MASSA & African Diplomatic Corps in Malaysia

        on 11 June 2019 in Putrajaya

YAB Tun Dr Mahathir Mohamad met the Executive Committee of MASSA and the Heads of African Mission based in Malaysia at a dialogue at the Prime Minister’s office in Putrajaya.

Dialogue at the Prime Minister’s office in Putrajaya

(left to right) Tan Sri Azman Hashim – President of MASSA, Tun Michael Chen Wing Sum and Datuk Lim Fung Chee, both Vice-President of MASSA at the dialogue session

MASSA was led by its President, Tan Sri Azman Hashim and the Dean of the African Diplomatic Corps who is the Ambassador of the Republic of Zimbabwe H.E. Cuthbert Zhakata led the African side.

(center) YAB Tun Dr Mahathir Mohamad – Prime Minister of Malaysia (left) YB Dato’ Saifuddin Abdullah – Foreign Minister of Malaysia and (right) Tan Sri Azman Hashim – President of MASSA

YAB Tun Dr Mahathir Mohamad was accompanied by the Foreign Minister of Malaysia, YB Dato’ Saifuddin Abdullah, officials from the Prime Minister office and Minister of Foreign Affairs, as well as Dato’ Wan Latiff Wan Musa, the Chief Executive Office of MATRADE.

Tan Sri Azman Hashim in his Opening Address, thanked YAB Prime Minister for the timely meeting and welcomed his advise, views and recommendations for reviving Malaysia-Africa relations.

(right) H.E. Cuthbert Zhakata – Ambassador of the Republic of Zimbabwe and Dean of the African Diplomatic Corps and H.E. Samkelisiwe Mhlanga – High Commissioner of the Republic of South Africa

H.E. Cuthbert Zhakata on behalf of the heads of the African Diplomatic Corps congratulated Tun Dr Mahathir on his appointment as the 7th Prime Minister following the success of his coalition party’s win at the last General Elections in May 2018.  He recalled Tun Dr Mahathir’s administration during his tenure as the 4th Prime Minister championing the South-South.  Following the recent dialogue of the heads of the African Diplomatic Corps  with YB Foreign Minister, he noted Malaysia’s stand to continue to sustain south-South cooperation.  He expressed looking forward to hear from YAB Prime Minister the policy direction of the new Malaysian government as a guide to their respective engagements, going forward.


YAB Tun Dr Mahathir touched on a number of issues that included the following:-
– The new Government’s role to restructure the present Government’s administration.

– Clamp down on corruption.

– Malaysia will be friendly with all countries of the world, irrespective of their ideology.

– The policy of a trading nation is to have markets for the goods and services, it produces.

– He elaborated on the role Foreign Investment (FDI) plays in helping a nation to industrialize through the attainment of technology and jobs creation.

– The need to win the hearts and mind of the populace is important for the Government to rule and administer well.

– There must be peace and stability for democracy to thrive.

– A 2 party system is the best way for democracy to function resulting in one winner and a loser.  The losing party must accept their loss (as a new culture) and only try again at the next election.  Violence shall have no place in politics.  Acceptance of defeat is important.

– We wish our neighbours to be prosperous, in order that they become a good market for us.  Hence the policy of “”Prosper The Neighbour”.

(3rd from right) H.E. Francis Ndegwa Muhoro – High Commissioner of Kenya


(center) H.E. Anne Namakau Mutelo – High Commissioner of the Republic of Namibia


The Zambian High Commission, Kenya High Commission, Namibia High  Commission and Ghana High Commission expressed their respective congratulations and thanks to YAB Prime Minister.  Some of the recommendations raised included:-

– Request to engage with the African countries on a regular sustainable basis.

– Africa is a continent of 55 countries amongst whom 50 are stable and thriving.

– It has a population of 1.2 billion.

– There is good potential for Malaysian goods, such as, palm oil & rubber gloves to gain  footholds in Africa.

– Africa is a continent with vast natural resources that is largely unexplored.


YAB Prime Minister responded in the affirmative to encourage more dialogues and meetings, in order to identify each other’s strengths for mutual gain.  He agreed that  business connections between Malaysia and Africa need to be resuscitated.


The meeting ended with a group photo taken together with YAB Prime Minister. 

(left to right) Tan Sri Dato’ Mohd Ramli Kushairi, Datuk T.Y. Lee, Tan Sri Ghazzali Sheikh Abdul Khalid, H.E. Anne Namakau Mutelo and Tan Sri Azman Hashim

(right) YAB Tun Dr Mahathir Mohamad and (left) Dato’ J. Jegathesan

(left to right) Tun Michael Chen Wing Sum, H.E. Akua Sekyiwa Ahenkora – High Commissioner of the Republic of Ghana and Datuk Lim Fung Chee

(left to right) Dato’ Soam Heng Choon, Datuk T.Y. Lee and Dato’ J. Jegathesan

(left to right) Dato’ Wan Latiff Wan Musa, Tun Michael Chen Wing Sum and Dato’ Bala Chandran Tharman

Group photo with YAB Prime Minister


(4)  Coordination Meeting on “4th Showcase 

       Bangladesh” at Bangladesh High Commission

       on 17 June 2019

A coordination meeting was held to discuss the “4th Showcase Bangladesh 2018 – Go Global” at the Bangladesh High Commission in Kuala Lumpur.  This event will be held at the Royale Chulan Kuala Lumpur on 11 July 2019  Tan Sri Dato’ Soong Siew Hoong, MASSA EXCO member and Executive Adviser of ACCCIM and Ms Ng Su Fun, Executive Secretary of MASSA were present at the meeting.

(left to right) Mr Syed Moazzam Hossain – President BMCCI, H.E. Md Shahidul Islam – High Comissioner of Bangladesh to Malaysia, Tan Sri Dato’ Soong Siew Hoong – MASSA EXCO & Executive Adviser ACCCIM and (right) Mr Rajibul Ahsan – First Secretary (Commercial), Bangladesh High Commission


“4th Showcase Bangladesh 2018 – Go Global”  

at Royale Chulan, Kuala Lumpur on 11 July 2019

The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) hosted the “4th Showcase Bangladesh 2018 – Go Global”  at Royale Chulan, Kuala Lumpur.  This Showcase was supported by Malaysia South-South Association (MASSA), Malaysia External Trade Development Cooperation (MATRADE) and Bangladesh Economic Zones Authority (BEZA).

This event was graced by Special Guests; YB Dr. Ong Kian Ming, Honorable Deputy Minister, Ministry of International Trade and Industry (MITI), Malaysia and Mr. Imran Ahmad, M.P., Honorable State Minister, Ministry of Expatriates’ Welfare and Overseas Employment, Government of the People’s Republic of Bangladesh and the Chief Guest, Mr. Tipu Munshi, M.P., Honorable Minister, Ministry of Commerce, Government of the People’s Republic of Bangladesh.


With the theme of “Go Global”, the Showcase Bangladesh aimed to expand Bilateral Trade between Bangladesh and Malaysia and to attract investments into Bangladesh.


This Showcase hoped to create brand awareness for Bangladeshi products, services and to promote Bangladesh as a trade and investment destination for Malaysian companies seeking to explore business opportunities in the South Asia region.  Tan Sri Azman Hashim, President of MASSA and Tan Sri Dato’ Soong Siew Hoong, MASSA EXCO member attended the Opening Ceremony.

Tan Sri Azman Hashim, President of MASSA and Tan Sri Dato’ Soong Siew Hoong, MASSA EXCO member at the Opening Ceremony


Participants at the Opening Ceremony


The Speakers at the “Go Global” Seminar included the following:-

(1) Dr. Atiur Rahman, Former Governor of Bangladesh Bank & Professor, Department of Development Studies, University of Dhaka

(2)  Dr. Ahsan H. Mansur, Executive Director, Policy Research Institute of Bangladesh

(3) Mr. Asif Ibrahim, Former President, DCCI & Vice Chairman, Newage Group

(4) Mr. Shameem Ahmed Chowdhury Noman, Secretary General, Bangladesh Association of International Recruiting Agencies (BAIRA)

(5) Mr Syed Almas Kabir, Vice President, Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI)

Group photo taken with Bangladesh Dignitaries


B2B meeting session between Malaysian and Bangladesh delegates during the Showcase Bangladesh.


(5)  28th Annual General Meeting of MASSA

       on 20 June 2019

Tan Sri Azman Hashim, President of MASSA chaired the Twenty-Eighth (28th) Annual General Meeting of MASSA at the Banquet Hall, 26th Floor, Bangunan Ambank Group, Jalan Raja Chulan, Kuala Lumpur. 

The President of MASSA welcomed members and Committee members and proceeded with the business at the AGM.

(3rd from left) Tan Sri Azman Hashim – President of MASSA chairing the MASSA 28th Annual General Meeting with MASSA EXCO members (left to right) Tan Sri Dato’ Mohd Ramli Kushairi, Tun Michael Chen Wing Sum – Vice President MASSA, Tan Sri Dato’ Soong Siew Hoong, Tan Sri Ghazzali Sheikh Abdul Khalid and Dato’ J. Jegathesan


Tan Sri Azman Hashim delivered his address and the meeting proceeded to unanimously adopt the Annual Report and the audited accounts of the Association for the year ended 31st December 2018.

MASSA members attending the 28th MASSA Annual General Meeting


The Executive Committee and Office Bearers for the new term 2019 – 2021 are as follow:-
President                                     :   YBhg Tan Sri Azman Hashim
Vice President (i)                       :   YABhg Tun Michael Chen Wing Sum
Vice President (ii)                      :   YBhg Datuk Lim Fung Chee
Honorary Secretary                   :   YBhg Datuk Lee Teck Yuen
Honorary Treasurer                   :  YBhg Tan Sri Datuk Tee Hock Seng,JP
Honorary Assistant Secretary  :  YBhg Dato’ Lawrence Lim Swee Lin

YBhg Tan Sri Dato’ Mohd Ramli      YBhg Tan Sri Dato’ Soong Siew
Kushairi                                                 Hoong
YBhg Tan Sri Ghazzali Sheikh          YBhg Dato’ Soam Heng Choon
Abdul Khalid
YBhg Dato’ J. Jegathesan                   YBhg Dato’ Tan Kia Loke
YBhg Dato’ Cheah Sam Kip                YBhg Datuk Merlyn Kasimir

YBhg Datuk Bahria Mohd Tamil           –   Ministry of International Trade
                                                                           & Industry (MITI) Malaysia
YBhg Dato’ Bala Chandran Tharman   –   Ministry of Foreign Affairs
                                                                          (Wisma Putra)
YBhg Dato’ Azman Mahmud                 –   Malaysian Investment
                                                                          Development Authority (MIDA)
YBhg Dato’ Wan Latiff Wan Musa        –   Malaysia External Trade
                                                                          Development Corporation


The President thanked the Executive Committee and Office Bearers for their continuing support and MASSA members for their participation in MASSA events and activities.

(right) Tan Sri Azman Hashim and Ms Siti Fatma Omar, Principal Asst. Secretary, International Cooperation and Development Division, Ministry of Foreign Affairs



Tan Sri Ghazzali Sheikh Abdul Khalid, Tan Sri Dato’ Soong Siew Hoong and Dato’ J. Jegathesan

Group photo (seated, 4th from left) Tan Sri Azman Hashim, President of MASSA with MASSA members after the MASSA 28th Annual General Meeting

(left) Datuk Merlyn Kasimir – Director, AMK Business International Sdn Bhd and Ms Kavita Mathuvay – Director, Bilateral Economic & Trade Relations, America, Europe & Africa, MITI

Group photo (seated, 4th from left) Tan Sri Azman Hashim, President of MASSA with MASSA members after the MASSA 28th Annual General Meeting


 (6)  Presentation on “Opportunity to Change the

         World via Tech Startups” by Mr Mohd Atasha

         Alias, CEO of Foxymojo & Co.            

Mr Mohd Atasha Alias, Chief Executive of Foxymojo & Co, a digital & management consulting firm gave a talk on “Opportunity to Change the World via Tech Startups Investment in Emerging Markets / South-South Countries” to MASSA members prior to the MASSA 28th Annual General Meeting on 20 June 2019.

His focus  is to assist SMEs to accelerate growth and advise business leaders on how to thrive in the Digital Era through Digital Transformation and connects them to business and investment opportunities.

Mr Mohd Atasha Alias, Chief Executive of Foxymojo & Co. giving a talk on “Opportunity to Change the World via Tech Startups Investment in Emerging Markets / South-South Countries” to MASSA Members



Mr Mohd Atasha Alias, Chief Executive of Foxymojo & Co. giving a  talk on “Opportunity to Change the World via Tech Startups Investment in Emerging Markets / South-South Countries” to MASSA Members

(4th from left to right) Tan Sri Ghazzali Sheikh Abdul Khalid, Tan Sri Azman Hashim, Tun Michael Chen Wing Sum and MASSA members present at the talk

(8)  Malaysia Madagascar Business Forum 2019 on

        1 August 2019

The Ministry of International Trade and Industry Malaysia (MITI) received a delegation from Madagascar.  MASSA was invited, together with a number of Chambers, business associates and Malaysian companies who were interested to do business with Madagascar.


The Government delegation was led by Mr Michaelangelo Zasy, Mission Head Projects and Urban Development Presidency of the Republic of Madagascar.

(left to right) Mr Andry Ravalomanda – CEO of the Economic Development Board of Madagascar, Mr Michaelangelo Zasy – Mission Head Projects and Urban Development Presidency of the Republic of Madagascar and Datuk Bahria Mohd Tamil

Mr Andry Ravalomanda, CEO of the Economic Development Board of Madagascar gave an economic presentation of his country and highlighted the numerous sectors with investment potential.  These include the following areas on Agriculture, Infrastructure Development, Tourism, Mining, Light Industry, ICT, Renewable Energy, etc…

To support the development of bilateral economic exchanges with this country, the Malaysia Madagascar Business Council (MMBC) has been formed,  helmed by its Chairman, Dr Abdul Kabur Ibrahim.


MMBC will be organising a business mission to Madagascar from 13 to 17 October 2019.  MASSA members are encouraged to find out more about Madagascar and consider participating in the mission organised by MMBC.   https://edbm.mg will have more details.


Country Feature: Zimbabwe


Zimbabwe Flag


Zimbabwe – Coat of Arms


Harare, Capital of Zimbabwe

General country info on Zimbabwe 

Zimbabwe is located in the centre of Southern Africa between the Zambezi and Limpopo rivers. It bordered by Zambia to the North, Mozambique to the East, South Africa to the South and Botswana to the West. Situated at the heart of the North-South Corridor, Zimbabwe is an ideal railways, roads, power and telecommunications network regional logistics hub.

Zimbabwe has a population of 13.1 million people (2012) and has an Average Annual Population Growth Rate of 2.3%.


Zimbabwe trade statistics


Zimbabwe is open for Business:

Investment and Trade Opportunities

The resuscitation of Zimbabwe’s economy has been receiving tremendous support, both internationally and locally. Pronouncements by the President of the Republic of Zimbabwe, His Excellency Emmerson Dambudzo Mnangagwa, that “Zimbabwe is Open for Business,” have set out a development strategy for the country. The Government of Zimbabwe has been working tirelessly to achieve the country’s vision “To Become an Upper-Middle Income Economy by 2030.” Zimbabwe recognises the critical role of investment and trade to achieve the set vision. The economy is sustained by various sectors that offer lucrative and mutually beneficial opportunities for everyone.

In the mining sector, Zimbabwe boasts of over 60 internationally tradeable minerals from gold, copper, iron, coal to diamonds, platinum, lithium, chrome and plenty more. Investment is welcome in the mining value chain which includes exploration, extraction, finance, technical services, logistics, beneficiation and value addition.

Geological map of Zimbabwe indicating the vast minerals it has


Agriculture is the mainstay of the economy and it provides vertical and horizontal linkages to other economic sectors. This sector is linked with other major sectors of the economy as it is a source of the much needed agro-based raw materials. Zimbabwe has one of the best climates and fertile soils suitable to grow numerous crops. Investment opportunities in the sector are in the form of contract farming, provision of financial and technical services, production of maize, tobacco, cotton, tea, vegetables and flowers, timber, sugar, fruits, livestock, soya bean and many others.

Zimbabwe’s vibrant agricultural sector


Zimbabwe’s manufacturing sector is quite diverse with various sub-sectors such as food processing, packaging, engineering, beverages, construction, agricultural inputs and implements, pharmaceuticals, furniture, electricals, textiles and clothing. This sector plays a key role in the economy particularly in the value addition and beneficiation of the country’s primary products (raw materials) from the agricultural and mining sectors.

Zimbabwe has investment opportunities in manufacturing


In the tourism sector, Zimbabwe is among the top 10 countries to visit in 2019 as listed by Lonely Planet, one of the renowned travel guide publishers. Thrill seekers and wildlife lovers will find some of the most pristine wilderness areas in Zimbabwe. All these can be explored from a choice of five-star exclusive luxury accommodation to   do-it-yourself bush camping. Zimbabwe has vast tourist attractions. The Majestic Victoria Falls, the ancient stone fortresses of the Great Zimbabwe, the mystic Eastern Highlands, the mythical Lake Kariba and the mind-boggling balancing rocks in Matopos National Park, just to name a few, will leave one amazed and refreshed.

The majestic Victoria Falls in Zimbabwe


Ancient stone fortresses of the Great Zimbabwe

The mythical Lake Kariba

The mystic Eastern Highlands

The mind-boggling balancing rocks in Matopos National Park


The Government of Zimbabwe is offering a variety of incentives in the Special Economic Zones. Investors should take advantage of these fiscal and non-fiscal incentives on offer. The gravy train has taken off, “Zimbabwe is Open for Business.”

President of Zimbabwe, His Excellency Emmerson Dambudzo Mnangagwa


Zimbabwe’s Investment Guidelines and Opportunities

For more details on Investment Guidelines and Opportunities in Zimbabwe, kindly download the document on:

Contact details of Embassy of the Republic of Zimbabwe in Malaysia

H.E. Cuthbert Zhakata
Ambassador Extraordinary and Plenipotentially
Embassy of the Republic of Zimbabwe
124, Jalan Sembilan
Taman Ampang Utama
68000 Ampang
Selangor Darul Ehsan
Tel & Fax: +603-4266 8779
Email: zimkualalumpur@zimfa.gov.zw
Email: zimembk@gmail.com