MIESDA was officially invited to the city of Danzhou, Hainan province, China. The official invitation was made out by the Mayor of Danzhou city, Mr. Chen Yang.
The main objective of the trip was to place strong emphasis in discussing and arranging for certain businesses and project concepts between Hainan province and Selangor. These are as follows:
Energy (LPG (liquified petroleum gas) trading, green energy investments, carbon exchange):
Malaysia is a key exporter in LPG products. Hainan may consider buying from Malaysia.
MIESDA can form a main commodity trading partnership with key industry players from Hainan.
Selangor state has green energy policies that are friendly and favourable to Chinese investors. MIESDA can provide key assistance to investors and assist them in smoothly applying for all relevant licenses.
Carbon exchange market is still at its infancy in Malaysia. China may consider investing in Malaysia with the assistance of MIESDA.
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Port Side Real Estate Investment and Management:
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MIESDA is aware that Hainan provincial government has many preferential policies for foreign investors. It is also MIESDA’s understanding that some land at or nearby the Port areas require foreign direct investment.
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MIESDA shall make arrangements for high-net-worth individuals and corporate entities to invest in the free trade port area of Hainan’s province famous deep-water port, the Yangpu Port.
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Tourism (leisure and medical, chartered airlines):
- Hainan is major tourist destination amongst many Malaysians and Asians. Similarly, Malaysia is also a key tourist destination amongst China tourists.
- In fact, many China tourists visit Malaysia not only for leisure but also for medical tourism to perform their medical checkups.
- The state of Selangor has many top-notch hospitals and medical centres that can meet the demand of China medical tourists.
- MIESDA believes that there is great potential in this area and shall arrange for economic and business opportunities in this area.
- Furthermore MIESDA is also looking for an airlines partner, such as Hainan Airlines, to collaborate with in order to tap into this business concept.
MIESDA managed to have constructive discussions with the Danzhou Municipal Government, key management members of SOE’s (state owned enterprises) from Haikou city, key management people of EXIM bank Hainan branch and also with some key provincial leaders.
From Left:
China Representative, Mr. Stanley Hu (MIESDA – Secretary General), & Yang Mulia Tengku Faizwa (MIESDA – Chairman), Mr. Ma YongHua, Mr. Lin (Translator), Mr. Wang JunQi (Datang Group Company – Director), Mr. Zhang JunBao (Datang Group Company – General Manager)
Note: Datang Group Company of Hainan is a top 5 State Owned Enterprise (SOE) in China.
Representing MIESDA From Left:
Mr. Jack Lee, Mr. Jonathan Choo, Mr. Stanley Hu, Yang Mulia Tengku Faizwa, China Representative & Mr. Kelvin Phua
From Left:
Mr. Ivan Ngai (MIESDA – Dep. Secretary), Mr. Li TingHan (Sinomach – Operations Manager), Mr. Jack Lee (MIESDA – Committee), China Representative, Yang Mulia Tengku Faizwa (MIESDA – Chairman), Mr. Li Fan (Sinomach – General Manager), Mr. Stanley Hu (MIESDA – Secretary General), Mr. Kelvin Phua (MIESDA – Committee), Mr. Jonathan Choo (MIESDA – Committee)
