Malaysia and UAE bridge the gap to overcome food shortage – seals over $108m investment (AED397m)

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This resulted in 20 companies securing 70 business leads with other international partners at the expo, in addition to the 12 Memoranda of Understanding (MoU) exchanged with the United Arab Emirates (UAE), Germany, Sweden, the Maldives and Egypt.

In addition, more than 40 companies participated in connecting digital companies via the MAFI microsite www.mafi-events.com. It is expected that other commercial activities will take place continuously on the microsite beyond Sustainable Agriculture Week.

MAFI Secretary General Dato’ Haslina Abdul Hamid said the achievements recorded during the week leave a bright future for sustainable agriculture in Malaysia and prove that other countries, especially the UAE, are interested in working closely with Malaysia to develop sustainable agriculture. She added that bilateral cooperation on agriculture between Malaysia and the UAE has opened up opportunities for future growth in agricultural trade.

“Both countries place importance on strengthening food security in order to preserve the food supply of their citizens and residents.

“This is reflected in the UAE’s introduction of the UAE National Food Security Strategy 2051 and the various initiatives and programs that fall under this strategy.

“Similarly, Malaysia has its own initiative to strengthen food security through its Cabinet Committee for National Food Security Policy. Through this committee, various programs and initiatives have been defined to increase food security in Malaysia.

“In this area, Malaysia hopes that further collaboration with the United Arab Emirates will bridge the gap in its efforts to overcome the current limitations and difficulties in food production due to climate change,” Haslina said summarizing the objectives. and achievements at the end of Sustainable Agriculture Week today.

EXPO 2020 Dubai was initially postponed due to the Covid-19 pandemic. With the easing of travel restrictions, the exhibition then launched on October 1 last year and will run until March 31 this year.

New partnerships and confirmed projects

New forms of private and public partnerships between Malaysia and the UAE were formed during Sustainable Agriculture Week. During business matchmaking activities throughout the week, 20 exhibitors from Malaysia attracted 70 business leads with RM143.75 million in potential sales in various areas of agriculture, including agribusiness, smart agriculture solutions, smart urban agriculture, agro-biotechnology, waste-to-wealth, aquaculture and biodiversity to well-being.

New projects confirmed from MAFI’s meetings with UAE organizations include the signing of a Memorandum of Understanding between the Malaysian Agricultural Research and Development Institute (MARDI) and the International Center for Biosaline Agriculture (ICBA) on February 21 in conjunction with Sustainable Agriculture Week.

“With ICBA, Malaysia’s main concern is more about joint research and development (R&D) collaboration, especially in sustainable livelihoods and food security in a marginal environment.

“The two parties also reached consensus on joint R&D projects to improve rice production in areas affected by salt stress,” Haslina said.

Discussions during Sustainable Agriculture Week also saw collaboration in the Smart Agriculture System with Abu Dhabi Agriculture & Food SafetyAuthority (ADAFSA), through which Malaysia can work with ADAFSA links in the development of technologies to improve irrigation and focus on climate change projects.

Haslina said the collaborations and discussions provide an opportunity for both countries to mutually benefit from each other’s wealth of knowledge and experience on the best available science, investment and adaptation at the community and national level to ensure food safety.

“As for Malaysia’s view, we need to accelerate the transition to sustainable food and agriculture through research and technology development. The agricultural system of the United Arab Emirates could also benefit Malaysia in the context of sustainable agriculture in the future.

-Ends-

ABOUT SUSTAINABLE AGRICULTURE WEEK

Malaysia’s Ministry of Agriculture and Food Industries (MAFI) is the lead ministry for the Week 21: Sustainable Agriculture segment at the Malaysia Pavilion, EXPO 2020 Dubai from 21-26 February 2022, focusing on the concept of “Our food, our future”.

This week, the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) is the implementing agency with the participation of 20 exhibiting companies, 11 departments/agencies under MAFI, as well as Malaysian companies participating virtually.

For more information, visit www.mafi-events.com

ABOUT BIOECONOMY CORPORATION

Malaysian Bioeconomy Development Corporation Sdn Bhd (Bioeconomy Corporation) is the leading economic development agency for biotechnology and bio-industries in Malaysia. Established in 2005, Bioeconomy Corporation is owned by the Incorporated Minister of Finance and Commissioner of Federal Lands and has been under the Ministry of Agriculture and Food Industries (MAFI) since November 2018.

Bioeconomy Corporation provides support, facilitation and advisory services to nurture a supportive ecosystem of business, academic and scientific communities that drive biotechnology and biotech and bio-based industries in Malaysia. These cover business, investment, R&D, human capital development, financial infrastructure, legal and regulatory framework and strategic development with government support and commitment.

The government grants BioNexus status to qualified international and Malaysian companies through the Bioeconomy Corporation, undertaking value-added biotechnology, bio-based or life science activities. The special status grants companies tax incentives, facilities and other guarantees to support their growth.

For more details visit www.bioeconomycorporation.my

ABOUT THE MALAYSIA PAVILION AT EXPO 2020 DUBAI

The Malaysian self-built 1,234.05 square meter pavilion is the EXPO’s first net-zero carbon pavilion. The pavilion features a rainforest canopy inspired by the majestic rainforest of Malaysia, blending cultural elements with nature and functionality in a futuristic building.

The pavilion is themed “Energizing Sustainability” to represent the nation’s commitment and approach to sustainable development. It is segmented into four sub-themes; “Energizing Today”, “Energizing Tomorrow”, “Energizing Harmony” and “Energizing Business”. Malaysia’s activities during the EXPO will include permanent 3D exhibitions, daily cultural performances, handicraft demonstrations, cafe operations as well as 26 weekly themed trade and business programs.

The trade weeks will involve a large contingent of 21 ministries, 70 departments and agencies and five state governments who will initiate and support the programs. They will also bring weekly trade delegations from across the industry who will participate in pocket talks, product launches, business matchmaking sessions and signing of MoUs. The Malaysia Pavilion will also host and participate in summits and forums throughout the Expo.

The Ministry of Science, Technology and Innovation is the lead ministry for Malaysia’s participation in this mega event. The Malaysian Green Technology and Climate Change Corporation (MGTC) is the implementing agency.

© Press Release 2022

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