Widad inks MoU with EW Group in bio-regenerative sciences R&D


KUALA LUMPUR: Widad Business Group Sdn Bhd (WBG) through its wholly-owned subsidiary Widad Education Sdn Bhd (WESB) signed a memorandum of understanding (MoU) with EW European Wellness International GMBH (EW Group) with the aim to collaborate on the research and development (R&D) in bio-regenerative sciences as well as providing higher education certificates in the field.

In a statement, WBG said EW Group would provide their knowledge and expertise through syllabus structure, labs and training to lecturers.

WESB through Widad University College will provide the learning facilities as well the assistance in obtaining the certification and official accreditation for the courses. The collaboration will include short courses, undergraduate and postgraduate programs in the field of bio-regenerative sciences.

WBG viewed the collaboration positively as the wellness industry was valued at US$4.4 trillion worldwide in 2020 with an average projection of 9.9% annual growth.

“This venture will also be in tandem with WBG’s aim of establishing a Wellness Hub in the upcoming Widad Langkasuka Project, in Langkawi.

“WBG also intends to develop an education hub that would include a new main campus for Widad University College. WBG believes that this collaboration fortifies its first step towards making Langkawi a wellness destination of Asia,” it said.

Widad Business Group group executive chairman Tan Sri Muhammad Ikmal Opat Abdullah said the collaboration between WESB and EW Group would be in line with its aim to integrate the wellness industry in its development.

“This is also another opportunity for us to diversify our business interest in this region by learning from the experts”.

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Going gets tough for Malaysia ahead of 2023
Asia’s inflation still moderate
Steady residential sector
Bermaz rides on buoyant car sales
Headline inflation for August hits 4.7% year-on-year
Steel makers fear deepening crisis
Prospects for Covid-19 vaccine companies diminish
Short position: Glove makers, MREITs
No intervention likely to actively boost ringgit
Islamic fintech growing fast in the country

Others Also Read