ID :
100581
Sun, 01/17/2010 - 02:35
Auther :
Shortlink :
https://oananews.org//node/100581
The shortlink copeid
MALAYSIA EYES ENHANCED TRADE, INVESTMENT TIES WITH PM'S UAE VISIT
DUBAI, Jan 16 (Bernama) -- The visit by Malaysian Prime Minister Najib Razak
to United Arab Emirates (UAE) will further raise Malaysia's profile in the Gulf
nation and boost political, as well as trade and investment relations, between
the two countries.
"This is his second visit to Abu Dhabi since becoming prime minister in
April 2009. It's a reflection of the growing bilateral ties between Malaysia
and Abu Dhabi, as well as the UAE," said Malaysian ambassador Yahaya Abdul
Jabar.
The Jan 16-19 visit is at the invitation of General Sheikh Mohammad bin
Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the
Armed Forces of UAE.
In 2008, UAE was Malaysia's 17th largest trading partner, 15th largest
export destination, 20th largest source of imports and the largest trading
partner in the Middle East.
During January-October 2009, total trade between the two countries stood at
RM11.8 billion (US$3.53 billion)
Malaysia's Dubai-based senior trade commissioner Dzulkifli Mahmud said,
there were over 80 Malaysian-registered companies operating in the UAE,
particularly in Dubai and Abu Dhabi.
Najib is scheduled to have an audience with UAE President and Ruler of Abu
Dhabi Sheikh Khalifa bin Zayed Al Nahyan.
During a visit to Dubai, the Malaysian leader is also expected to call on
Sheikh Mohammed bin Rashid Al Maktoum, vice-president and prime minister of
UAE, and Ruler of Dubai.
Another highlight of his visit is delivering a keynote address at the World
Future Energy Summit in Abu Dhabi.
Yahaya said: "The prime minister's visit is not only to attend the World
Future Energy Summit but to strengthen economic and political contacts.
"Malaysia is also actively looking at attracting investments from Abu
Dhabi. At present, Mubadala and the Abu Dhabi Commercial Bank have investments
in Malaysia."
The prime minister will also witness a ceremony to hand over five
residential towers built by a Malaysian consortium on Reem Island.
"It's worth mentioning that the growing relations between Malaysia and Abu
Dhabi will witness further boost when Sheikh Mohammad, the crown prince, visits
Malaysia in May 2010.
"The prime minister of Malaysia has personally invited him to undertake the
visit and to speak at the World Islamic Economic Forum in in Kuala Lumpur," said
the envoy.
Najib and wife, Datin Seri Rosmah Mansor, as well as the Malaysian
delegation accompanying him, are currently in Riyadh where the prime minister is
wrapping up a four-day visit to Saudi Arabia.
Najib is scheduled to leave for Abu Dhabi Saturday night.
-- BERNAMA
to United Arab Emirates (UAE) will further raise Malaysia's profile in the Gulf
nation and boost political, as well as trade and investment relations, between
the two countries.
"This is his second visit to Abu Dhabi since becoming prime minister in
April 2009. It's a reflection of the growing bilateral ties between Malaysia
and Abu Dhabi, as well as the UAE," said Malaysian ambassador Yahaya Abdul
Jabar.
The Jan 16-19 visit is at the invitation of General Sheikh Mohammad bin
Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the
Armed Forces of UAE.
In 2008, UAE was Malaysia's 17th largest trading partner, 15th largest
export destination, 20th largest source of imports and the largest trading
partner in the Middle East.
During January-October 2009, total trade between the two countries stood at
RM11.8 billion (US$3.53 billion)
Malaysia's Dubai-based senior trade commissioner Dzulkifli Mahmud said,
there were over 80 Malaysian-registered companies operating in the UAE,
particularly in Dubai and Abu Dhabi.
Najib is scheduled to have an audience with UAE President and Ruler of Abu
Dhabi Sheikh Khalifa bin Zayed Al Nahyan.
During a visit to Dubai, the Malaysian leader is also expected to call on
Sheikh Mohammed bin Rashid Al Maktoum, vice-president and prime minister of
UAE, and Ruler of Dubai.
Another highlight of his visit is delivering a keynote address at the World
Future Energy Summit in Abu Dhabi.
Yahaya said: "The prime minister's visit is not only to attend the World
Future Energy Summit but to strengthen economic and political contacts.
"Malaysia is also actively looking at attracting investments from Abu
Dhabi. At present, Mubadala and the Abu Dhabi Commercial Bank have investments
in Malaysia."
The prime minister will also witness a ceremony to hand over five
residential towers built by a Malaysian consortium on Reem Island.
"It's worth mentioning that the growing relations between Malaysia and Abu
Dhabi will witness further boost when Sheikh Mohammad, the crown prince, visits
Malaysia in May 2010.
"The prime minister of Malaysia has personally invited him to undertake the
visit and to speak at the World Islamic Economic Forum in in Kuala Lumpur," said
the envoy.
Najib and wife, Datin Seri Rosmah Mansor, as well as the Malaysian
delegation accompanying him, are currently in Riyadh where the prime minister is
wrapping up a four-day visit to Saudi Arabia.
Najib is scheduled to leave for Abu Dhabi Saturday night.
-- BERNAMA
