China’s New Silk Road initiative, which seeks to connect and develop Eurasia via a network of roads, rail lines and ports stretching from China to Europe, presents a great opportunity for businesses. But it would seem Malaysian SMEs aren’t ready to capitalise on it, reports HO WAH FOON
MANY local small and medium enterprises (SMEs) are not ready to seize business opportunities brought about by the entry of Chinese investments and China’s New Silk Road a.k.a. One Belt One Road (OBOR) initiative, according to a senior official from the Malaysia-China Chamber of Commerce (MCCC).