Jamaludin: Economic returns from dialogue unfolding

  • Business
  • Saturday, 31 Jul 2004


THE co-organiser of the Langkawi International Dialogue (LID) wants to see tangible economic returns from the dialogues held under the smart partnership premise. 

Commonwealth Partnership for Technology Management (CPTM) chairman Tan Sri Dr Omar Abdullah Rahman said the dialogues had generated much interest among leaders so it was now time to pursue business prospects in a focused manner. 

“Malaysian corporate and small medium sized enterprises seem to be more gentle and may lack some aggressive sense in trying to penetrate the African market. The organisers, including Malaysian Industry-Government Group for High Technology (MIGHT), are ready to help,” Omar said on the sidelines of the three-day LID series. 

Science, Technologies and Innovations Minister Datuk Dr Jamaludin Jarjis said the economic returns to Malaysia for initiating the dialogue series had begun to unfold as more participants were keen to seek joint ventures with the country. 

For example, he said many of the participants were staying back after the LID to visit Malaysian corporate firms to gauge the possibilities of generating business interest. 

In a related development, the MIGHT Business Networking secretariat has announced the successful business matching scheme of 20 Malaysian companies with 20 foreign firms participating in the LID. 

The business matching concept sees MIGHT playing the role of the middleman to link Malaysian corporations and small- and medium-scale enterprises (SMEs) with the private sector of the participating nations who share common business interests. 

Among Malaysian companies that registered for the business matching scheme were Proton Holdings Bhd, Tenaga Nasional Bhd, Telekom Bhd, RHB Capital Bhd and Heitech Padu Bhd, while an SME called Mahamas Travel and Tours Sdn Bhd held fruitful discussions with Swaziland National Airlines. 

This was the initial matching step undertaken by MIGHT to help Malaysian companies deal with prospective African firms. 

MIGHT will be monitoring the business matching prospects in months to come to ensure that in the next LID, a performance indicator report will be issued to the heads of Government and key delegates present at that dialogue. 

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