Saturday 27 November 2021

An LoI being exchanged

Malaysia sees $1.275bn in business deals at Expo 2020

DUBAI, October 19, 2021

Three Memorandums of Understanding (MoUs) and three Letters of Intent (LoIs) totalling $1.275 billion are expected to be signed between Malaysian and global companies at Expo 2020 Dubai.
This will happen during the three-week programmes from October 18 until November 6, 2021 hosted by the Ministry of Environment and Water (Kasa with the theme ‘Green Growth: Ready for Global Opportunities’.
In Week Three of the Expo,  from October 18 to 22 2021, Kasa is organising a trade and business programme themed ‘Green Technology Innovation’. This programme showcases Malaysia as a leading nation in green technology innovations and climate change, promotes the country’s green technology industries to the global market and attracts strategic green technology investments into the different sectors and industries of the country’s economy.
Week Four, from October 23 to 30 2021, will carry the theme ‘Climate Resilience and Sustainable Infrastructure’. In this week, Kasa will highlight Malaysia’s agenda and strategy to address climate change and build a green economic model. The Climate Change Conversation on Sustainable Infrastructure forum on October 25, 2021 will  explore urban development challenges which is a major contributor of greenhouse gas (GHG) emissions.
Week Five will focus on the theme of ‘Low Carbon Cities’ from October 31 to November 6, 2021. The Climate Change Conversation on Sustainable Cities scheduled for  November 1, 2021 will feature the Mayor of Kuala Lumpur representing Malaysia,  among other international panelists. This forum will be an exchange of ideas on programmes that are implemented locally and the respective countries’ goals in developing sustainable cities.
Kasa’s participation in Expo 2020 Dubai is a collaborative effort with Petronas, World Islamic Economic Forum Foundation, and strategic partners such as Next Green Global, Ficus Venture, Freed Holdings, National Art Gallery, UN Global Compact Malaysia, Sunway Planetary Health Centre, and other Malaysian private companies with global experience.
Malaysia’s participation in Expo 2020 Dubai is spearheaded by the Ministry of Science, Technology and Innovation (MOSTI) and implemented by the Malaysian Green Technology & Climate Change Corporation (MGTC), an agency under Kasa.-- TradeArabia News Service


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