Sabah keen to work with WIEF to boost investments
Published on: Friday, March 08, 2019
By: Hayati Dzulkifli
KOTA KINABALU: The State Government is keen to work with the World Islamic Economic Forum (WIEF) to attract more investments and to grow its global economic and trading activities following its vast contacts of global business network.
WIEF Chairman Tun Musa Hitam said he was pleased that the Chief Minister Datuk Seri Mohd Shafie Apdal has shown positive interest that would benefit Sabah’s trade and economic development.
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He said WIEF, which has been in existence for about 15 years, is not a religious organisation nor a political organisation as it only deals with businesses, trades, investments and organising conferences and forums all over the world related to international development.
“We paid a courtesy call on Shafie who was kind to receive us and we talked about the possibilities on how Sabah might want to take advantage of our conferences and vast contacts with our international business communities to see what can be done and whether Sabah might be interested.
“I have the impression that the Sabah government is keen (in such possibilities to work with WIFE to grow economic aspects of Sabah) and I am very grateful with the reception given by the Chief Minister to us,” Musa said, adding that he also briefed Shafie on the roles and functions of WIFE that could help Sabah grow its global business network and boost investments.
Speaking to reporters after paying a courtesy call on Shafie at the State Administrative Centre, Thursday, Musa said Sabah has a lot of resources that could lure investors and expand its economic activities with the help of WIEF.
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“We organised many big conferences and forums as far as in Europe, Chile, London, South Africa, Pakistan, Russia and Indonesia, among others, and thousands of people from the business community across the world and the heads of governments took part in our large scale events.
“As a result, they immensely benefited from those events due to connectivity with the international business community from other countries. This is very useful for any discussions of creating business deals, trades, investments and any business matters.
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“Although WIEF is a low-key organisation, people around the world know us and have acknowledged and accepted us,” said Musa who has been WIEF Chairman for over 10 years.
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