The ASEAN Business Advisory Council (ASEAN-BAC) Malaysia hosted a high-level delegation from leading agricultural companies of the Philippines as part of the B2B Connect (Agriculture) programme that serves as a platform to facilitate
companies all over ASEAN to identify and engage agriculture companies in other ASEAN countries to promote trade, investment or develop partnerships.
The initiative also aims to facilitate these companies in investing in Malaysia’s agricultural sector. Chairman of ASEAN-BAC Malaysia, Tan Sri Nazir Razak said, “As part of the ASEAN integration agenda, we want to facilitate actual deals, trade or investment between ASEAN companies. The best way to do this is for leaders of companies to meet and engage in
meaningful dialogues through our B2B Connect platform.”
Companies from the Philippines which are involved in the visit include Bounty Fresh, Kennemer Foods International, Lionheart Farms, Pro Foods, Yovel East Agriventures, LT Group, Universal Leaf, I’mpact Food Systems Asia and IBA Botanicals, whereas the Ministry of Agriculture and Food Security, KLK Berhad, Aerodyne, CIMB, Sime Darby Plantation and Farm Fresh represented Malaysia.
Chair of B2B Connect (Agriculture), Dato’ Sri Mustapa Mohamed when met at the event shared, “It is pivotal for us to focus our efforts to facilitate and support our agricultural businesses to explore opportunities in ASEAN. We will start with the Philippines with crops such as palm oil, rubber, poultry and dairy, rice as well as other fruits, whereby both countries’ companies can leverage each other’s capital and expertise and by doing this, we can collectively work towards achieving our shared regional goal of high-tech agriculture, food security, poverty reduction and sustainable development.”
