Saturday, July 27, 2013

Second wave of look east policy will focus more on economy not just education and training. Japanese professor attached at Univ Petronas in Perak developing a technology for mass production of algae for biofuel. Very unfortunate we already successfully developed more than 5 years ago not recognised and given fund. Yet supporting groups that start thinking how to do it. This is typical Malaysian leaders.

We look forward to the support from the government of Japan and its authorities to encourage Japanese enterprises, financial institutions and investors to engage in Islamic finance-related activities with Malaysia.
Malaysia and Japan have agreed to give the commitment towards strengthening the second wave of the "Look East Policy" in that it should not be limited to training and education, but should be more forward-looking with better focus and more economic-oriented
Both governments pledged to encourage further partnerships between Malaysian companies and multinational corporations and small and medium enterprises (SMEs) in the areas of green technology and renewable energy.

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