KUALA LUMPUR, April 23 (Bernama) -- The Deputy Minister, Ministry of Primary Industries (MPI) YB Datuk Seri Shamsul Iskandar Mohd Akin will lead an Economic and Promotional Mission to Saudi Arabia from 22 to 26 April 2019. The delegation comprised of senior officials of the Ministry and agencies under the Ministry will hold meetings with palm oil and timber industry players in Saudi Arabia.
The objectives of the mission are to deliberate issues affecting palm oil trade, exploring new market opportunities and business partners as strengthening business networks to increase exports of palm oil and timber products. In addition, the mission will also provide opportunities for Malaysia to promote the sustainable palm oil production and the health benefits of palm oil.
Saudi Arabia is among the largest markets for exports of Malaysian palm oil and palm-based products, as well as timber and timber products among the Middle East countries. In 2018, the export value of palm oil and palm-based products as well as timber and timber products to Saudi Arabia was RM1.49 billion. The Middle East is seen as among the potential export destinations to further increase the global market share of Malaysian commodity based products.
As one of the Ministry's ongoing efforts to promote the export of commodity products, the activities planned during this mission include conference, industry networking session and work visits are expected to boost and expand the agri-commodity industry and subsequently contributing to increased export revenue to the country.
Source: Ministry of Primary Industries (MPI)
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