Integrated marketing company in Jeddah to act as Malaysia commodity hub, says minister | Malay Mail

KUALA LUMPUR, Jan 28 — The Commodity Integrated Marketing Company in Jeddah, Saudi Arabia will act as a commodity hub for Malaysia as the government seeks to penetrate global markets.

“The ministry believes the Jeddah office is a testimony of the commitment of both countries to deliver high quality agriculture products to the Middle East and Africa responsible and sustainably. The CIMC will house three government-related organisations under one roof, namely the Malaysian Palm Oil Council , the Malaysian Rubber Council , and the Malaysian Timber Council .

Saudi Arabia is committed to increase Malaysian palm oil imports from 318,000 tonnes, worth RM900 million last year, to 500,000 tonnes this year worth an estimated RM1.5 billion.

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