LONDON – Prime Minister Datuk Seri Najib Tun Abdul Razak will be in the United Kingdom for a working visit beginning May 15 to attend, among others, to inaugurate the Malaysia-UK Investor Showcase and the Global Science and Innovation Advisory Council (GSIAC) annual meeting.
During the visit, Najib will also officiate the “topping out ceremony for Legacy 1 at the Embassy Gardens”, as well as, launch Khazanah Europe Investment Ltd (KEIL) at The Shard, said Malaysian High Commissioner to the United Kingdom Datuk Ahmad Rasidi Hazizi.
Speaking to the Malaysian media here yesterday, he said this would be the prime minister’s first visit this year after his last visit in September 2015,
The trip will also take him to Sochi, Russia, to attend the Russian-ASEAN commemorative summit from May 19-20.
“His presence here will have a huge impact and boost Malaysia’s investments and trade, as well as, the long standing relations with the UK,” he said.
Najib is also scheduled to meet with the new Commonwealth Secretary-General Patricia Scotland on May 16, before the start of the Investor Showcase, which Ahmad Rasidi said would be a testament of the important role that Malaysia had played in the Commonwealth.
The Malaysia-UK Investor Showcase Agenda is jointly organised by the Malaysian Investment Development Authority and the Commonwealth Enterprise and Investment Council (CWEIC) where
Najib is expected to deliver a keynote address on “Opportunities for UK Business”.
CWEIC Chairman Lord Marland, senior government representatives and officials from 188 British companies together with 34 Malaysian companies are also expected to attend the showcase.
Ahmad Rasidi said Najib would then proceed to the “topping out ceremony of Legacy 1, a project by Malaysian property developer, Eco World International, in the afternoon and attend a dinner later, hosted by Alderman Lord Mountevans, who is the Lord Mayor of the City of London.
On May 17, he will chair the 6th GSIAC annual meeting which will start off with the GSIAC-Khazanah Distinguished Lecture Series on “Global Competitiveness – Malaysia’s Aspiration”.
A key focus of the council’s spring discussions this year will be how to foster the wellbeing of Malaysians in the new world economy, characterised by new forms of industry and jobs.
Another highlight of the day, will be the launch of Khazanah Europe Investment Ltd and its regional office in London, which will act as a bridge to strengthen collaboration between Malaysia and European countries.
The prime minister is expected to depart for Sochi, Russia on May 18.
Meanwhile, Ahmad Rasidi said the UK remained one of Malaysia’s major investor, ranking third in Europe after Germany and the Netherlands in terms of realised manufacturing projects.
As at June 2015, a total of 427 projects were implemented with RM6.8 billion investments which created 35,518 jobs.
Main investments by British companies in Malaysia were in the chemical and chemical products, petroleum products (including petrochemicals), electronics and electrical products, rubber products and plastic product industries.
Malaysia, on the other hand, is the second largest investor in London’s commercial property market after the United States.
Malaysian investment in the Battersea power station is indicative of Malaysia’s growing influence internationally and as a regional force, he added.