Home Business KL to host 2nd Sweden-South East Asia Business Summit

KL to host 2nd Sweden-South East Asia Business Summit


sweden-south asia business summit-2018-featureKUALA LUMPUR – The Embassy of Sweden, Business Sweden and Malaysian Swedish Business Association (MASBA), collectively known as Team Sweden in Malaysia will be organising the second Sweden-Southeast Asia Business Summit on 6-7 February 2018 at the JW Marriot Hotel Kuala Lumpur.

This upcoming summit is also supported by several Malaysian partners including the Ministry of International Trade & Industry (MITI), Malaysian Investment Development Authority (MIDA) and InvestKL. The initiative will provide a platform for Swedish, Malaysian and other Southeast Asian business community to gain insights from industry peers and policy experts as well as get connected with potential partners. A total of 26 Swedish companies stand as proud sponsors of the Business Summit.

MIDA-OUTLINE-LOGOThe Malaysian Investment Development Authority (MIDA) Chief Executive Officer, Dato’ Azman Mahmud said, “Sweden is an important source of foreign investment for Malaysia. Notable Swedish companies such as Volvo, Scania, Bromma and SKF have been here for many decades. Other Swedish companies that have established their base in this country include ABB, Atlas Copco, Ericsson, SAAB, Anticimex, Alfa Laval, Arla Food, Beckers. Being the principal investment promotion agency of the country, MIDA is certainly proud that Kuala Lumpur has been chosen as the host for this year’s Summit. This selection underscores the potential of Malaysia as an important business hub within the dynamic and fast growing ASEAN region. We hope that the Business Summit will translate into more inflows of Swedish investments in Malaysia, particularly in high growth and advanced technology industries”.

Dato Azaman Mahmud – Chief Executive Officer of MIDA

“We are excited that this event will also deliberate on Industry 4.0, which is very much in line with the way forward for our manufacturing and services sectors. Thus, I would like to encourage more Malaysian companies to participate in this event and tap into the knowledge of Swedish industry experts in keeping abreast with this evolution that is rapidly impacting the way of doing business,” ended Dato’ Azman.

The Swedish Ambassador to Malaysia, Mr Dag Juhlin-Dannfelt said: “As regional trade initiatives within Asia begin to take more concrete shape, the architecture of the global trade and commerce is being remade with Asia as the dominant region, and possibly Southeast Asia as its most dynamic centre of growth. Thus, Swedish companies wish to demonstrate what Sweden has to offer the potential investors and partners within the Southeast Asia region. The Summit also provides an excellent opportunity for Malaysian and Southeast Asian business people to get better acquainted with Swedish businesses.”

Dag Juhlin-Dannfelt-sweden ambassador-malaysia
Swedish Ambassador to Malaysia, Dag Juhlin-Dannfelt

Key political and business representatives from Sweden, Malaysia and Southeast Asia will be attending the Business Summit. Mr. Mikael Damberg, Minister for  Enterprise and Innovation, and Mr. Marcus Wallenberg, Chairman of the Board, SEB, SAAB Group & Foundation Asset Management are among the senior representatives from Sweden. From Malaysia, Dato’ Azman Mahmud, CEO of MIDA, Y.Bhg. Tan Sri Datuk Wira Azman Mokhtar, Managing Director Khazanah Nasional, Y.Bhg. Tan Sri Dato’ Dr. Mohd Munir Bin Abdul Majid, Co-Chairman ASEAN Business Advisory Council Malaysia and Chairman Bank Muamalat will be presented as highly esteemed interlocutors.

During the first day of the Summit, prominent speakers from Sweden and Malaysia will be joining several panel discussions which explore about the opportunities and challenges in the world from European and Southeast Asian perspectives. Sustainable solutions within economic growth and environmental responsibility and how to act and think sustainable will be further discussed by the top leaders from both countries.

sweden-south asia business summit-2018As for the second day, Swedish companies will present how they have adopted a sustainable mind-set and how this has enabled them to innovate and develop new business models and solutions for future growth and profitability. Representatives from major Swedish companies will partake in the workshops revolving around smart transport solutions, future city solutions and digitalisation trends.

According to MIDA’s record, as at September 2017, the agency has approved a total of 126 manufacturing projects with Swedish participation with investments worth RM2.7 billion.

You can also download the event flyers here:  https://we.tl/0s5EcNbfIw

SOURCE : Malaysian Investment Development Authority (MIDA)

Embassy of Sweden in Malaysia
Email : Jenn.lew@gov.se or visit Sweden-sea.com

Name : Mr. Nelson Samuel Wilson
Director, Foreign Investment Promotion Division, MIDA
Tel : 03-2267 3787
Email : nelson@mida.gov.my