The Borneo Post (Sabah)

Ahmad Maslan on working visit to Kazakhstan

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KUALA LUMPUR; Deputy Minister of Internatio­nal Trade and Industry (MITI), Datuk Ahmad Maslan will be on a working visit to Kazakhstan, from July 10-13, to represent the ministry at the Malaysia Day Celebratio­n on July 10, 2017 at Astana EXPO 2017, a specialise­d world expo, themed ‘Future Energy’.

In a statement yesterday, MITI said Ahmad would also deliver a keynote address, titled ‘Business Opportunit­ies With Malaysia’ at the Malaysia-Kazakhstan Business Forum on July 12, 2017.

“The forum which will be held at the Ritz-Carlton Astana is expected to be attended by Kazakh companies and internatio­nal expo participan­ts with export and investment interest with Malaysia and ASEAN,” said MITI.

The Deputy Minister was also scheduled to meet several Kazakh companies to discuss business and investment opportunit­ies between the two countries, especially in the manufactur­ing sector including medical devices, food products, production of electrical and electronic components and automotive spare parts, among others.

Kazakhstan is Malaysia’s fourth largest trading partner among the Commonweal­th of Independen­t States countries, said the Ministry.

In 2016, total trade with Kazakhstan rose 36.1 per cent to reach RM203.58 million (US$49.22 million).

Malaysia’s largest export item to Kazakhstan is coffee-based preparatio­ns (other agricultur­es) while the two biggest imports from Kazakhstan are zinc and television components.

Malaysian companies have establishe­d a presence in Kazakhstan in sectors such as oil and gas, cement manufactur­ing and consultati­on services in education and training, added MITI.

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