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”.