SANYA,CHINA – Media OutReach – 17 June 2021 – On 16th of June, the Hainan Free Trade Port (Sanya) New Zealand Special Investment Promotion Conference 2021 was held in Shanghai. Related investment promotion institutions from Sanya proactively introduced preferential policies in Hainan Free Trade Port to nearly a hundred New Zealand enterprises both online and offline to strengthen communications between two regions, gather and allocate high-quality global resources and develop industrial cluster, aiming to build Sanya an intersection city enabling the “Dual Circulation”.
Representatives from Sanya Investment Promotion Bureau, Sanya Committee of Development of Science, Technology and Industry, Sanya Council for the Promotion of International Trade, Sanya Yazhou Bay Science and Technology City Administration, Sanya Central Business District Administration, the Management Committee of Sanya Modern Service Industry Park, Sanya Tourism Promotion Bureau and other institutions introduced preferential policies of Hainan Free Trade Port, investment opportunities and urban industrial development in Sanya to key enterprises, renowned business associations, and investment promotion agencies in New Zealand while combining their business fields and park features. Multiple departments in Sanya actively answered the questions of representatives from NZBRiC, New Zealand Employers & Manufacturers Association, and other participating institutions, highly recognized by foreign guests.
It is worth mentioning that to deliver an efficient conference, the Shanghai venue was cloud-connected with the New Zealand branch venue, and relevant New Zealand enterprises operating in Beijing and Guangzhou have also participated in the event online.
According to representative of Sanya Investment Promotion Bureau, China and New Zealand have close cooperation in import/export trade, education, agriculture and science industries, which are also compatible with the construction of Hainan’s Free Trade Port. Currently, Sanya is striving to become a benchmark city of Hainan Free Trade Port, where investment is essential for the city’s economic development. In this connection, Sanya Investment Promotion Bureau has been exploring ways to enrich the mode of investment promotion. It has employed market-oriented approaches, such as commissioned investment promotion, intermediary investment promotion, business-driven investment promotion, and cloud investment promotion. It has been identifying new models of investment promotion, such as investment promotion by “leading enterprises”, key enterprises, industrial clusters, and capital, as well as “enclave” investment promotion and “technology team + capital + project” investment promotion. Efforts have been made to strengthen inter-governmental synergy, and leverage the important roles of various types of enterprises, chambers of commerce, and associations abroad in investment promotion. Economic and trade liaison offices have been established in key foreign countries (regions) to build a special global network for investment in Sanya. Hainan Free Trade Port will present opportunities to the whole world, and Sanya is working to attract investment from abroad, to build an intersection city enabling the domestic and international dual cycles. By connecting foreign investment with foreign trade, Sanya is working to bring in a host of export-oriented projects; promote the interconnection between investment promotion and consumption, introduce upgraded consumption projects, promote high-end consumption and the return of consumer spending, and promote the city’s building of an international tourism consumption center core area; intensify international cooperation, establish liaison and cooperation mechanisms such as cross-border exchange and benefit-sharing of key industrial investment projects, realize the linkage of introduction and cultivation, and build the city’s three characteristic industrial clusters.
Representatives from Sanya Foreign Affairs Office, Sanya Customs, Sanya Public Security Bureau, and Sanya Council for the Promotion of International Trade and other insitutions also attended the event.
It is reported that Sanya attaches great importance to quality investment promotion. Since the release of the Master Plan for the Construction of Hainan Free Trade Port, as of June 11 this year, Sanya has negotiated with 2,379 investing enterprises, 1,825 were registered, and 254 have signed agreements. Among those, a host of highlights have been produced in terms of international investment promotion: 253 new foreign-funded enterprises were established in Sanya, a year-on-year increase of 295.3%; the actual utilization of foreign investment by investing enterprises was USD 525 million, an increase of 93.7% year-on-year. Enterprises from the US, Russia and other countries have come to make investments in Hainan, to share the new development opportunities in Sanya.
#SanyaInvestmentPromotionBureau
Services
Stakeholder mapping, analysis, engagement and communication needs to be detailed to avoid business losses or even worse, a crisis. How can you do this effectively to prevent failure? ...
Data-driven business decisions have never been as crucial, especially in this era. MGBF leverages off, technology, experience and market presence to aid businesses in making accurate decisions. ...
MGBF provides comprehensive strategic advice and results-focused solutions to solve clients' problems in business-government relations so they can focus on their core business. ...
A critical business challenge is meeting the right decision-makers and potential buyers through the best channel and platform. How will you improve your business competency? ...
Upcoming Events
MGBF founding chairman Nordin Abdullah and UMW Toyota president Datuk Ravindran K. will delve into the convergence of automotive innovation and environmental sustainability in Penang, Sarawak, Johor and Pahang.
Hosted by menumiz™ – an end-to-end restaurant management system – this roundtable will feature a case study presentation and a panel session to discuss the latest digital trends, challenges, and opportunities within the food and beverage sector.
In this episode of 'A Working Lunch with Nordin', MGBF's founding chairman, Nordin Abdullah, will host this discussion focusing on the biggest threats and opportunities for businesses as we look to manage change in the South China Sea.
This MGBF Roundtable will focus on regional food security issues and trends in the regional supply chain, and trade regulations and policies, including a new geopolitical tool i.e., weaponisation of supply chains.
MGBF In The News
Planet QEOS, KIS BlOCNG San Bhd, and the Sarawak Land Consolidation and Rehabilitation Authority (SALCRA) have officially signed a tripartite memorandum of understanding (MoU) to establish a collaborative framework aimed at producing bio-hydrogen via the Steam Biomethane Reforming (SBMR) Process. The MoU was signed by Planet QEOS executive chairman Dino […]
Planet QEOS and China Machinery Engineering Corporation (CMEC) are interested in investing RM10 billion to co-develop advanced Megawatt peak (MWp) agrovoltaic in Baram, to further boost Sarawak’s green energy initiative and food security. Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg was briefed on Friday by both the […]
Last week SPM results came out, 373,974 aspirants who have been waiting patiently over the last few months would now know their fate. Some 10,109 have received all A’s, the golden standard of academic success and the ticket to those looking to study the “more advanced” subjects in university. Proudly, […]
The classic knee-jerk reaction is to say, fire the coach, change the leadership of associations, and reduce the funding till they start performing better. This kind of negative reinforcement may work for kindergarten children, but we are dealing with high-performance adults – individuals much further along in their psychological and […]
Since its earliest tea plantations in 1929, Cameron Highlands has grown to become a key player in the agricultural landscape of Malaysia, producing 40 per cent of all vegetables grown. Despite Malaysia shifting its economic focus away from agriculture, the industry remains imperative for food security and the livelihoods of […]
Although at first glance the travel industry and the agricultural sector appear to have nothing in common, they actually share more than meets the eye. The economic benefits of tourism to the agricultural sector can be multiplied several times over. “Tourism brings the end consumers closer to the source, which […]
The Malaysia Global Business Forum (MGBF) recently held a high-level roundtable themed ‘Designing the Future of the Digital Economy’, attended by industry leaders and business associations. The guest of honour was Yang Berhormat Syerleena Abdul Rashid, the Member of Parliament (MP) for Bukit Bendera in Penang. The MP’s Special Session […]
The Malaysia Global Business Forum (MGBF) will be hosting a roundtable on ‘Designing the Future of the Digital Economy’ on 23 February 2023. It is the culmination of the first three MGBF Exclusive Roundtable Series titled ‘The Evolving Threat Matrix in the Digital Economy’ held throughout 2022. According to the […]
The Founding Chairman of the Malaysia Global Business Forum (MGBF), Nordin Abdullah, today spoke on Bernama TV’s leading English talk show, The Brief, hosted by Jessy Chahal, on the topic of a stable political reality and what that means for the Malaysian economy. Nordin said, “The first thing that it […]
More than 1,100 years ago, Muhammad ibn Musa al-Khwarizmi was developing the mathematical formulas that we know today as algorithms which now have become so intertwined with the business fortunes of global media giants and the very fabric of geopolitics. A series of recent high level international reports have revealed […]
KSK Land has been recognised by the Malaysia Global Business Forum (MGBF) for its role in attracting high net-worth individuals to Malaysia post-pandemic. The first challenge in investor attraction is “selling” the country. In the context of Asia, Malaysia is competing with some very established investment destinations. The second […]
Malaysia, in particular Kuala Lumpur, continues to position itself as a regional centre to do business, educate a family and enjoy a global lifestyle. One company, KSK Land, has taken the lead in positioning itself and the city of Kuala Lumpur as a property investment destination for the global citizen […]
The upcoming budget represents an opportunity to build resilience in the critical sectors that will form the backbone of the country’s future-facing economic ambitions. This however needs to be achieved in the context of managing the community sectors most impacted by COVID-19 over the past two years. The Keluarga Malaysia (Malaysian Family) […]
Malaysia Global Business Forum (MGBF) has moved to support the creative economy as the overall economy moves into a recovery phase following the COVID19 pandemic. As a step in the direction of normalcy, the MGBF has agreed to host the art exhibition “I Know You’re Somewhere So Far” by one […]
Congratulations to Datuk Seri Ismail Sabri Yaakob for taking up the mantle of the ninth prime minister of Malaysia. There is nothing normal about the situation; it could not have been scripted but it has kept the spectrum of media, mainstream and social, gripped. The first order of business for […]
In a stirring speech to the nation, President Joseph R. Biden, Jr. stamped his brand of leadership on the presidency, in his first act as the 46th president of the United State of America, it signaled several shifts. Perhaps the weather was foreboding with snow falling before the ceremony that […]
KUALA LUMPUR, 6 July 2022 – As the global economy continues to deal with unprecedented levels of disruption caused by the pandemic and the conflict between Russia and Ukraine, the convergence of energy security and food security issues has become a front-of-mind issue faced by policy makers and consumers alike. […]
KUALA LUMPUR, 23 June 2022 — Malaysia Global Business Forum (MGBF) ties up with scoutAsia to ensure that businesses are equipped with deeper regional insights. The past two years has seen a massive shift in the way businesses are conducted with digitisation, digitalisation and automation continuously being adopted to improve […]
KUALA LUMPUR, 25 May 2022 – The Malaysia Global Business Forum (MGBF)’s exclusive roundtable on ‘Security Concerns in Critical Value Chains’ was held in a hybrid setting yesterday at the Eastin Hotel Kuala Lumpur. The guest of honour was Yang Berbahagia Tan Sri Dato’ Seri Rafidah Aziz, former minister of […]
