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BUSINESS • 28/01/2025 08:18 PM

MITI Must Intensify Efforts To Achieve RM13 Bln Trade And Investment Target At World Expo 2025 -- Fadillah

KUALA LUMPUR, Jan 28 (Bernama) -- The Ministry of Investment, Trade and Industry (MITI) needs to intensify efforts in formulating strategies to ensure the trade and investment target of RM13 billion at the World Expo 2025 in Osaka, Japan, (Expo 2025 Osaka) is achieved.

Deputy Prime Minister Datuk Seri Fadillah Yusof said this includes ensuring the signings of the memoranda of understanding lined up for 2025 at the Malaysia Pavilion are held on schedule, which could contribute to achieving the set target.

“MITI, together with the Malaysian Investment Development Authority (MIDA) and especially the Malaysia External Trade Development Corporation (MATRADE) as the business programme coordinator, must increase efforts in formulating strategies to ensure the nation’s success in reaching this target.

“I hope that the programmes and activities held at the Malaysia Pavilion, whether in the business or non-business categories, can help us achieve the target of attracting about 1.5 million visitors to the pavilion,” he said in a Facebook post after chairing the year’s first National Organising Committee Meeting for Malaysia's World Expo 2025 Osaka Participation this afternoon.

Among those present were Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, Communications Minister Fahmi Fadzil, and Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa.

Expo 2025 Osaka will be held for six months from April 13 to Oct 13, 2025.

Fadillah said significant progress has been achieved in terms of the Malaysia Pavilion procurement, with construction work reaching 86.7 per cent completion as scheduled.

“I have high hopes for Malaysia's participation in this expo, with the pavilion currently in the final phase of development and our transition to preparing for operations.

“This is crucial to ensure that the Malaysia Pavilion can operate at optimum level throughout the period of the expo,” he said.

He expressed hope that this year will witness the committee members’ outstanding achievements in supporting Malaysia’s role and responsibilities as ASEAN chair as well as in its participation in Expo 2025 Osaka.

-- BERNAMA

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