MALAYSIA: USD 463 mil from Durian, white coffee sales to China

The Sabah United Chinese Chambers of Commerce (SUCCC) extended their invitation to China investors on business partnership in the state under “One Belt one Road” initiative.


SUCCC President, Datuk Seri Panglima Gan Sau Wah J.P. said Sabah not only was within the One Belt One Road initiative, but also had other advantages like political stability, abundant natural resources, beautiful scenery, harmonious multi-society and rich Chinese culture that would enable China investors to feel at home.


He agreed that although many investors from China prefer to invest in peninsula, Sabah’s potential is no less attractive in especially, in fields Oil & Gas, tourism, agricultural and sea products, while construction of the Pan-Borneo Highway and several large bridges in the state would be an added attraction.


“We sincerely hopes the China Consulate here under Consul General Chen PeiJie, would help to encourage more investors from China to invest and to create business partnership here for mutual benefit,” Gan said during a courtesy call by Chen to the SUCCC Wednesday.


During the meeting, Gan also encouraged SUCCC members to identify saleable local Sabah products or brand to be introduced to the China market.


“The Associated Chinese Chambers of Commerce and Industry (ACCCIM) under new President Datuk Ter Leong Yap, had organised several Malaysian Product Expo in Guangdong, Guangxi, Xiamen, Nanling in the past five months. Surprisingly they managed to sell a whopping RM2 Billion (USD 463 million) in durian products and White Coffee alone, a very clear indication that our products are well accepted in the China market, so can Sabah products,” he said.


Chen said the economic prospects between China and Malaysia leapt forward following Monday’s Malaysia-China High-Level Economic Forum in Kuala Lumpur with China Premier Li Keqiang attending.


She hoped that with high efficiency of the “Leaders and Enterprise Policy”, the Silk Road on sea under the “One Belt One Road” initiatives would create even closer co-operation ties on both countries.


Accompanied by Consul Liu Wei and Consul Chen Xin, she express her gratitude toward the Chinese community here especially the SUCCC for rendering their assistance in setting up the consulate here.


“SUCCC under the leadership of Gan had not only promoted trading and investment, but also assisted in Chinese community welfare and education. The setting up of an East Coast Security Committee showed they are very concerned over the safety of the Chinese business operators and community. This truly is an eye-opener,” She said.


She said they would do their best to make sure the Consulate is able to provide services to Sabahans in processing and producing visas to enter China for business or pleasure.


Also present were Honorary President Tan Sri Andrew Liew, Honorary Advisor Datuk Dr. Julie Yap, Supervisory Chairman Datuk Seri Panglima Chong Nyuk Yong J.P., Secretary-General Datuk Ling Tiong Chai, Deputy Secretary-General Victor Kou, Deputy Treasurer Kapitan Ho Kim Giok, Young Entrepreneurs Section (YES) Chairman Peter Gan and constituent chambers president and representatives.


Source: Daily Express

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