Dubai: The Malaysia Pavilion in Expo 2020 Dubai saw three Memorandum’s of Understanding (MoU) worth over RM100 million signed between three Small and Medium Enterprises (SMEs) with three global business partners.

The first MoU, signed between Malaysia’s Fario Holdings Sdn Bhd and Miko Koffie NV of Belgium, aims to set up a joint venture to establish coffee processing, packing, and distribution facilities.

The second MoU between Govicle Sdn Bhd and Six Day Company LLC is to market and expand Govicle’s smart mobility solutions in the Middle East and explore further business opportunities.

The third MoU between Malaysia’s PropEasy Sdn Bhd and UAE’s Mahaley Marketing and PR Est is in relation to marketing efforts and identifying business prospects in the UAE. 

The Malaysia Pavilion SME Week at Expo 2020 runs from 13th to 18th February 2022 with the theme "StartUps Local, End Up Global." It is led by the Ministry of Entrepreneur and Cooperative Development (MEDAC), through the implementing agency SME Corp. Malaysia focuses on startups and SMEs to drive national economic development through innovation-driven companies. Participants include SME Bank Berhad and Perbadanan Nasional Berhad (Pernas).

Dato’ Suriani Binti Dato' Ahmad, Secretary General of the Ministry of Entrepreneur Development and Cooperatives who launched the Malaysian SME Week, stated that MEDAC's involvement in Expo 2020 Dubai is part of the Malaysian Government's efforts in reviving the role of start-ups and SMEs as engines of economic growth through support and cooperation with potential investors and business partners. This will help in enhancing the startup ecosystem to meet the needs of the global industry.

In this regard, 17 high-performing startups and SMEs from Malaysia have been selected to be introduced to potential global business partners at Expo 2020 Dubai. The industry focus highlighted through startups and SMEs this time around includes Artificial Intelligence (AI) Technology and Innovation; Medicine and Health; and Drone related services.

In addition, companies participating in the Expo will be directly involved in activities organised at the Malaysia Pavilion such as business matching sessions, product and service introduction sessions as well as business pitching to potential investors. The companies have been mentored by SME Corp. Malaysia as well as several other agencies under MEDAC. They were also selected because of their readiness to achieve international standards for the services or goods marketed.

Meanwhile, in an effort to boost the synergy of MEDAC's involvement in conjunction with Expo 2020 Dubai, two additional programs were implemented simultaneously, namely Export Acceleration Mission and Business Export Programme 2.0 by SME Bank involving 11 Bumiputera SMEs and Franchise Engagement Programme by Pernas.

The launching ceremony of the Malaysian SME Week was also graced with the presence of His Excellency Dato ’Mohd Tarid Sufian, Malaysian Ambassador to the UAE, Tuan Mohd Hasril Abdul Hamid, Malaysian Consul General in Dubai, Mr. Rizal Nainy, Chief Executive Officer of SME Corp. Malaysia, En. Mohd Hilaluddin Abd Shukor, Chief Executive Officer of Pernas, Datuk Dr. Mohammad Hardee Ibrahim, Head of Corporate Strategy of SME Bank, officials of ministries and agencies as well as businessmen from Malaysia and abroad.

ABOUT SME CORP

SME Corp. Malaysia is a Central Coordinating Agency under the Ministry of Entrepreneur and Cooperative Development (MEDAC) which serves as a one-stop collection and reference center for information and advisory services for Small and Medium Enterprises (SMEs), coordinator of SME development programs, economic assessment and SME accreditation, business development. and support programs, as well as facilitating SME access to domestic and foreign markets.

SME Corp.Malaysia is a Central Coordinating Agency under the Ministry of Entrepreneur and Cooperative Development (MEDAC) which serves as a one-stop collection and reference center for information and advisory services for Small and Medium Enterprises (SMEs), coordinator of SME development programs, economic assessment and SME accreditation, business development. and support programs, as well as facilitating SME access to domestic and foreign markets. Beginning on May 2, 1996, SME Corp.Malaysia was formerly known as the Small and Medium Industry Development Corporation (SMIDEC), which aims to develop the Industry Malaysian Small and Mediums (SMEs) that are capable and resilient to be able to compete in the global market.In 2007, SMIDEC was mandated by the National SME Development Council chaired by the YAB Prime Minister to formulate comprehensive policies and strategies for SMEs and drive SME programs across Ministries and Agencies. Accordingly, SMIDEC has been officially rebranded as SME Corp. Malaysia on 2 October 2009.

ABOUT MALAYSIA PAVILION AT EXPO 2020 Dubai

Malaysia's self-built 1,234.05 sq meter pavilion is the first net zero carbon pavilion at the EXPO. The Pavilion features a rainforest canopy inspired by the majestic tropical rainforest of Malaysia, blending cultural elements with nature and functionality into a futuristic building.  

The Pavilion carries the theme "Energising Sustainability" to represent the nation's commitment and approach to sustainable development. It is segmented into four sub-themes; "Energising Today", "Energising Tomorrow", "Energising Harmony" and "Energising Business". Malaysia's activities during the EXPO will include permanent 3D displays, daily cultural performances, craft demonstrations, café operations as well as 26 weekly thematic trade and business programmes. 

The business weeks will involve a large contingent of 21 ministries, 70 departments and agencies and five state governments initiating and supporting the programmes. They will also bring weekly business delegations from the industry that will participate in pocket talks, product launches, business matching sessions and signing of MoUs. Malaysia Pavilion will also host and participate in summits and forums throughout Expo. 

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

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