Boost for Malaysia-China trade and investment ties

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Guangxi and Malaysian agencies sign project cooperation and procurement pact under Two Countries, Twin Parks inititative theSun theSundaily SunBiz Malaysia business economy investment China

PETALING JAYA:

Present at this signing during the promotion and exchange meeting were representatives from Nanning Customs, Malaysia East Coast Economic Development Council, Malaysia-China Kuantan International Logistics Park, China-Malaysia Qinzhou Industrial Park, Beihai Economic and Technological Development Zone, Wuzhou Economic and Technological Development Zone, Guangxi China-Malaysia Haisheng International Registration and Settlement Company Limited, Guangxi Supply Chain Group Limited and others.

The “Twin Park” is the first “Belt and Road initiative” between Malaysia and China and it is believed that with the support, cooperation and guidance of the leaders of both countries, the MCKIP will lead the relationship to a new stage. “The success of MCKIP is a testament to the fruitful and inclusive institutional cooperation between Malaysia and China at all levels,“ said the Malaysian Ministry of International Trade and Industry’s Bilateral Economic and Trade Relations Division’s director of China Section, Unny Sankar.

 

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