The Malaysia-Guangdong Chamber of Investment Promotion (MGCIP) and the Guangdong People’s Association for Friendship with Foreign Countries (GPAFFC) signed a Memorandum of Understanding (MoU) to further enhance the friendly relationship and collaboration between both parties.
The MoU was signed by MGCIP President, Tan Sri Lim Hock San, and The People’s Government of Guangdong Province, Director-General of Foreign Affairs and GPAFFC Chairman, Mr. Chen Qiuyan, witnessed by Minister in the Prime Minister’s Department, Datuk Seri IR Dr. Wee Ka Siong.
The partnership is poised to encourage regular discussions regarding culture, economy, trade, education, tourism as well as human interaction and actively carry out efforts aligned to these areas.
Sharing positive feedback from his Chinese counterpart about Malaysia, Lim said, “The Chinese Foreign Affairs Ministry convey their highest appreciation to the Prime Minister of Malaysia for his efforts in promoting the One Belt One Road (OBOR) initiative. Encouraged by Malaysia’s positive example, China intends to continue promoting the initiative to other countries. Led by our Prime Minister, Malaysia’s long-term and mutually beneficial relationship with China is an important catalyst for the economic development of our nation.”
“This collaboration also enables MGCIP to strengthen the communication between Malaysia and Guangdong, providing a stronger platform for the exchange of information between both countries,” he added.
In addition, the MoU will serve as a platform that helps Guangdong enterprises investing in Malaysia gain access to services by tying up with relevant Malaysian government departments, in line with the OBOR initiative.
MGCIP was established in 2008 and it is accredited by the China Government and the Chinese Embassy in Malaysia. In the same year, MGCIP achieved a significant milestone by signing an agreement with the Guangdong Provincial Council for the Promotion of International Trade on September 12, setting up the “Guangdong-Malaysia Bilateral Entrepreneur Council”. The agreement was signed by Malaysia’s Prime Minister, Dato’ Sri Haji Mohammad Najib (then Deputy Prime Minister) and witnessed by member of the Standing Committee of the Political Bureau of China and Vice Premier, Wang Yang – (then secretary of Guangdong Province).
MGCIP celebrates its 10th anniversary on 6 September 2018. Malaysian enterprises who are interested to invest in the Guangdong Province and vice versa are invited to join the Guangdong Investment Promotion General Chamber of Commerce in Malaysia to further promote the economic and trade cooperation between both parties more effectively.
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