Categories: Business NewsTrade

MITI secures RM2.4 Billion in Exports Potential in Kyrgyz Rep, Kazakhstan and Uzbekistan

The Ministry of Investment, Trade & Industry (MITI) has secured RM2.4 billion of potential exports of Malaysian goods and services through the inaugural official visit of Malaysia’s Prime Minister, YAB Dato’ Sri Anwar Ibrahim to the Krgyz Republic, Kazakhstan and Uzbekistan from 15 – 19 May 2025. The Minister of MITI, YB Tengku Datuk Seri Utama Zafrul Aziz, was part of the Prime Ministerial delegation.

The potential exports are in sectors such as electrical and electronics (E&E); palm oil and palm oil-based products; fast-moving consumer goods (FMCG); energy and industrial solutions; food and beverage (F&B); furniture; halal products and services; oil and gas; building materials and construction; professional services as well as jewellery. These export commitments were made by captains of industry in separate roundtable meetings with Dato’ Sri Anwar in Kazakhstan and Uzbekistan.

RM2.4 Billion in Exports Potential

Read More Business News

This encouraging outcome signifies the strengthening of economic ties between Malaysia and these Central Asian countries.

Tengku Zafrul Aziz said, “We have achieved RM2.4 billion of cumulative potential exports from the businesses in Kazakhstan and Uzbekistan. This significant figure – confirmed through the roundtable meetings in both countries – reflects their respective business communities’ growing trust in Malaysia as a strategic partner in trade and investment. MITI will ensure that those export commitments are realized as quickly as possible to support Malaysia’s GDP growth.”

Great Exports Potential
Great Exports Potential
Staff Writer

Recent Posts

University of London Launches Online Postgraduate Microcredentials in Malaysia

University of London introduces flexible online postgraduate microcredentials in Malaysia, offering stackable pathways for professionals…

1 hour ago

Numarine unveils 40MXP MITAN: a family-driven explorer designed for life at sea

Numarine's 40MXP superyacht, MITAN, accommodates 12 guests in six staterooms and emphasizes outdoor living and…

1 hour ago

U Mobile and TM Kick Off 5G Collaboration

U Mobile and TM have begun their 5G collaboration efforts.

4 hours ago

BNM International Reserves Reach US$126.6 Billion

Malaysia’s reserves stand at US$126.6 billion.

5 hours ago

AWC Berhad – Shah Alam Hospital HSS Contract Extended. Worth RM26.14 million

AWC has secured a RM22.2m plumbing contract, enhancing its order book to RM958.3m, positively impacting…

12 hours ago

Construction Sector Outlook Remains Positive Despite Cost Pressures

Analysts maintain positive view on construction sector, citing strong orderbooks, government infrastructure rollout, and manageable…

12 hours ago

This website uses cookies.