MED keen on exploring opportunities in NZ halal, tech sectors

KUALA LUMPUR, Oct 23 -- The Ministry of Entrepreneur Development (MED) is keen to further explore opportunities for Malaysian small-and-medium enterprises (SMEs) in the halal and technology sectors in New Zealand.

During his recent working visit to New Zealand, Minister of Entrepreneur Development Datuk Seri Mohd Redzuan Yusof witnessed the signing of two Memorandums of Understanding (MoUs) involving the private sector from Malaysia and New Zealand.

“The first MoU was between BCA International Sdn Bhd and Oceania Halal Academy, New Zealand in the field of halal, which would result in opportunities for Malaysia to source the supply of raw materials from New Zealand for the manufacturing of halal gelatine in Malaysia.

"The second MoU was between MyProdigy Asia Pacific and Map My Skills, New Zealand in the field of talent development. This MoU is expected to create opportunities for Malaysian SMEs to adopt new, blockchain-based technology for the purpose of talent development certification,” he added.

While in New Zealand, the minister also participated in the 8th International Applied Management Conference (IAMC) at the Waikato Institute of Technology (WINTEC). In his speech, he noted the many economic linkages to be built between SMEs from both countries.

He also shared that with the launch of the New Entrepreneurship Policy 2030 in Malaysia, a policy direction has been set to encourage SMEs to expand beyond their domestic market, establish strategic networking and adopt innovation to enhance their competitiveness and productivity.

-- BERNAMA