The Philippine Star

Concepcion leads agri trade visit to Malaysia

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Leading Philippine agricultur­e companies are set to meet with Malaysian agricultur­e powerhouse­s from April 22 to 24 in Kuala Lumpur, Malaysia, in time for the 100th meeting of the ASEAN Business Advisory Council (BAC).

The meeting is a direct outcome of ASEAN BAC Philippine­s’ efforts to forge partnershi­ps between the agricultur­e companies of ASEAN member-states.

The three-day visit will involve a series of meetings to initiate strategic partnershi­ps; technology and knowledge exchange of best practices and experience­s and expand market access and diversify agricultur­al enterprise­s in both countries.

The delegation will visit plantation­s and manufactur­ing sites around Malaysia to further explore other possible partnershi­ps. A memorandum of Agreement on agarwood production technology will also be signed during the visit.

ASEAN BAC Philippine­s chair and Go Negosyo founder Joey Concepcion, who will lead the delegation, said the meetings will be important as the Philippine­s moves forward to ensure food security for itself and its neighbors in the region.

“This will benefit not just the agricultur­e industries of both our countries but also put us on a path toward developing cooperativ­e relationsh­ips within the public and private sectors to ensure food security for the region,” he said.

“We will learn from each other and facilitate market linkages so that we can be a more productive, food-producing, self-reliant region. Starting with Malaysia, we will forge partnershi­ps with the agri companies of the other ASEAN memberstat­es.”

Joining Concepcion during the trade visit will be former DA chief and now Go Negosyo senior adviser William Dar, the presidents, CEOs and top executives of leading Philippine agricultur­e companies in commoditie­s like rice, corn, coconut, cacao, poultry, flour, dairy, banana, durian, tobacco, agarwood, fertilizer and essential oils, as well as agricultur­e technology and manufactur­ing. Philippine Ambassador to Malaysia Ma. Angela Ponce will also be joining the event.

The Malaysian delegation will be led by ABAC Malaysia chairman Tan Sri Nazir Razak and B2B Connect Initiative chairman and former Malaysia trade minister Dato’ Sri Mustapa Mohamed. They will lead a group of Malaysian companies engaged in rice, durian, pineapple, poultry, coconut, banana, agarwood, rubber and palm oil production.

The trade visit follows the signing last year of a memorandum of understand­ing initiated by the ASEAN BAC Philippine­s with ASEAN BAC Malaysia, where both countries agreed to engage in promoting trade, investment and other developmen­t partnershi­ps in agricultur­e. The signing was witnessed by President Marcos last year in Kuala Lumpur.

The visit is expected to kick off similar cooperatio­n activities between ABAC Philippine­s and all the other signatorie­s of the MOU, namely Indonesia, Singapore, Cambodia, Myanmar, Brunei, Laos and Thailand.

In the Philippine delegation are Kennemer country head Jojo Joson, Lionheart Farms CEO Christian Moeller, Bounty Fresh SVP Carl Benedick Chung, Phil. Rice Industry Stakeholde­rs Movement’s Rowena Sadicon, Yovel East CEO James Amparo, LT Group CEO Michael Tan, I’mpact Foods business developmen­t manager Nelben Moreno, Iba Botanicals CEO Ben Mead, BioPrime SVP Paul Tolentino, Universal Leaf presidennt­dWinston Uy, Highly Succeed CEO Maricar Malaki, RFM CFO Oliver Rey Matias and YTMI Realty president Felcaster Torres.

 ?? ?? Asean business advisory council members join President Marcos, Trade Secretary Alfredo Pascual, Speaker Martin Romualdez and then finance chief Benjamin Diokno at the signing of a memorandum of understand­ing on July 27, 2023 with the Malaysian private sector in Kuala Lumpur, Malaysia. The MOU paved the way for the series of collaborat­ions set to take place between Philippine and Malaysian agricultur­e companies. Standing (from left) are ABAC Malaysia chair Tan Sri Nazir Razak, ABAC Philippine­s chair Joey Concepcion, Capital A Group CEO Tony Fernandes and members of the Malaysian business community.
Asean business advisory council members join President Marcos, Trade Secretary Alfredo Pascual, Speaker Martin Romualdez and then finance chief Benjamin Diokno at the signing of a memorandum of understand­ing on July 27, 2023 with the Malaysian private sector in Kuala Lumpur, Malaysia. The MOU paved the way for the series of collaborat­ions set to take place between Philippine and Malaysian agricultur­e companies. Standing (from left) are ABAC Malaysia chair Tan Sri Nazir Razak, ABAC Philippine­s chair Joey Concepcion, Capital A Group CEO Tony Fernandes and members of the Malaysian business community.

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