WCIFIT A GOOD PLATFORM FOR COOPERATION WITH CHINA’S INDUSTRIES - MPOB
KUALA LUMPUR, May 24 (Bernama) -- Western China International Fair for Investment and Trade (WCIFIT) is a good platform to actively explore new areas of cooperation with China’s industries such as oleochemicals, pharmaceuticals, processed foods and specialty products, the Malaysian Palm Oil Board (MPOB) said.
Director-general Datuk Dr Ahmad Parveez Ghulam Kadir said MPOB is actively participating in events such as the fifth WCIFIT that was held on May 18-21, 2023 in Chongqing, China to engage with new partners and explore new areas of cooperation.
“I believe that with the joint efforts of both countries will be further deepened while trade will grow even more,” he said in a statement today.
He said palm oil has great commercial potentials in Chongqing’s industries as it is not only used as a raw material in food and beverage production but also in cosmetics, daily products, perfumes, chemicals and a range of other popular products.
“As an important city for both light and heavy industries in China, Chongqing requires more palm oil to fuel its development,” he said.
He said as the logistic hub and operational centre for the new land-sea corridor in Western China, Chongqing also effectively radiated the surrounding provinces and cities.
The fifth WCIFIT is the very first trade fair that Malaysia participated in as the country of honour after the official visit of Prime Minister Datuk Seri Anwar Ibrahim to China in March 2023.
-- BERNAMA
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