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BUSINESS

MIACES 2022 successfully positions itself as a one-stop center for agricommodity players - Zuraida

28/07/2022 07:09 PM

KUALA LUMPUR, July 28 (Bernama) -- The Malaysia International Agricommodity Expo and Summit (Miaces) 2022 has successfully positioned itself as a one-stop centre for players in the agricommodity sector to establish strategic cooperation and maximise opportunities to penetrate overseas markets, Minister of Plantation and Commodities Datuk Zuraida Kamaruddin said.

She said the expo also contributed to the increase of gross domestic product (GDP) and fulfilled the government’s desire to empower the agricommodity sector as the biggest contributor to the national economy.

“Miaces 2022 will draw the curtain tonight, having successfully attracted more than 10,000 visitors and 350 companies from 39 countries throughout the three days of its organisation,” she said in a statement today

She said the expo also garnered participation from newer generations of agropreneurs from various disciplines, trailblazers in transforming, modernising, and uplifting Malaysia’s agricommodity to its true potential

“The sector, which was once considered to be just the economic activity of the last generation, is now successfully attracting young skilled entrepreneurs from various socio-economic backgrounds, including urban youths,” she said.

She said the rising trend signalled a progressive outlook for the country’s agricommodity sector, further contributing to its vision to transform Malaysia into an international agricommodity hub in a market valued at an estimated US$756 billion (US$1=RM4.44) globally

“The highlight of the event was the signing of several memorandums of understanding by agencies and councils under MPIC (Ministry of Plantation Industries and Commodities) with local and international companies,” she said.

Besides that, she said MPIC also launched a campaign to disprove anti-palm oil claims from the west, which is “The Global Movement to Champion the Goodness of Palm Oil” campaign.

“The campaign is targeted at a global audience, especially governments, agencies, stakeholders and media from the west who have adopted the anti-palm oil narrative with the aim of imposing import restrictions on the commodity,” she said.

She said the ministry is confident that the campaign could correct the misrepresentation and defamation about Malaysian palm oil.

“ It is time for Malaysia to uphold the truth about the country's major commodities, and I urge all Malaysians, in the spirit of Keluarga Malaysia, to stand firm in support of this effort,’ she added.

-- BERNAMA

 


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