Malaysia's role crucial to global supply chain, says Zuraida Kamaruddin

Malaysian Minister says it’s exciting time to harness Malaysia’s potential to transform into hub of agricommodity, regionally and globally

Naveed Ahmad Khan

ISLAMABAD: Minister of Plantation Industries and Commodities of Malaysia, YB Datuk Hajah Zuraida Kamaruddin, says, “The future is here, whereby the role of emerging markets – like Malaysia – proves indispensable and crucial to the global supply chain. With accelerated innovation in growing, raising, and harvesting technology, it’s an exciting time to harness Malaysia’s potential to transform into the hub of agricommodity, regionally and globally.”

Unlocking this possibility, the Malaysia International Agricommodity Expo & Summit 2022 (MIACES) has spearheaded the momentum towards this vision, expecting to create over RM300 billion export value for agricommodity players in a global marketplace event with the participation of over 20 countries.

Happening at the Malaysia International Trade and Exhibition Centre (MITEC) from 26 to 28 July, MIACES showcases an exhibition of in-demand commodity products, services, and up-and-coming agri-technology under one roof. The 3-day event also features conferences, roundtable discussions, B2B meetings, and an evening of prestigious awards in recognition of movers and shakers in the sector.

As Malaysia rebuilds its economies in light of the Covid-19 crisis, Zuraida adds, “We urge industry players to leverage on MIACES as a powerful stepping stone – a platform with a conducive business environment that facilitates them to forge connections, spur greater-level transactions, explore potential investments, and strategize new market opportunities in these few productive months before we enter the new year of 2023.”

The latest joint report by OECD and FAO also recommends large-scale adoption of climate-smart production processes and technologies while asserting the importance of a well-working, transparent, and regulated multilateral trading system in a rising import-export interdependency among regions.

“MIACES is a step-forward that connects industry players with innovative solutions, contributing towards achieving the Sustainable Development Goals (SDGs), especially as the world faces a changing climate. Through the MIACES roundtable discussions, we hope to inspire dialogues on forward-looking policies while ensuring sustainable development in Malaysia as the producing country and exporter,” concludes Zuraida.