Malaysia’s prominent presence at WEF 2023
Minister of International Trade and Industry (MITI), YB. Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz
Zurich, Switzerland, 10th February 2023
Malaysia’s Minister of International Trade and Industry (MITI), YB. Tengku Datuk Seri Utama Zafrul Bin Tengku Abdul Aziz presented a prominent proposition to investors at the World Economic Forum (WEF) Annual Meeting 2023 from 16 to 20 January in Davos, Switzerland.
Over 2,700 leaders from 130 countries, including 52 heads of state and government as well as representatives from the private and third sectors attended the event to address the state of the world and top priorities for the year ahead to improve global economic conditions.
This year’s event was themed ‘Cooperation in a Fragmented World’ and MITI minister continuously emphasized Malaysia’s commitment to improve the ease of doing business, maintaining a pro-business policy and attracting more high-value investments, while also positioning Malaysia as a gateway into Southeast Asia.
MIDA and SACC (Swiss Asian Chamber of Commerce) at the Malaysian Pavilion Davos 2023
Malaysian Hon. Consul Mr. Guna Mahalingam with SACC members discussing investment opportunities with YBhg. Datuk Wira Arham Abdul Rahman, Chief Executive Officer of MIDA.
Also supporting the theme, YBhg. Datuk Wira Arham Abdul Rahman, Chief Executive Officer of MIDA, said, “Malaysia remains a top investment destination among global investors and a hotspot for business expansion. Investors continue to show confidence to invest in Malaysia as the new premier leadership is focused on strengthening the country’s economic growth and retaining Malaysia’s reputation as a stable investment destination.
“The Government is working aggressively to attract more high-quality, high-impact, capital-intensive projects in the manufacturing and services sectors. These projects are expected to contribute to the country’s economic growth. The Government focuses on digital economy, energy and high value manufacturing activities such as transport technology which include electric vehicle and its ecosystem that will have a significant economic potential and sustainable long-term growth.”
Olivier M. Schwab, Managing Director of the World Economic Forum, welcoming Aiden Lee CEO and Founder of Graphjet as a member committed to changing the world and contributing to the community.
Graphjet Technology Becomes First Malaysian Company to Join the World Economic Forum
Graphjet Technology Sdn. Bhd. ("Graphjet," "GTI" or the "Company"), the world's first and only graphene and graphite producer using innovative waste to super-material conversion technology, joined, and partnered with the World Economic Forum (WEF).
The WEF describes Graphjet Technology as a "dynamic high-growth company championing new business models, emerging technologies, and sustainable growth strategies in the Fourth Industrial Revolution.
Aiden Lee Ping Wei, CEO and founder of Graphjet, said: "The World Economic Forum is the global thought leader on critical issues such as energy transition and carbon emission reduction, directly aligned to Graphjet's mission.
Privately held Graphjet has also announced a projected $1.5 billion business combination with Energem Corp ("Energem") (Nasdaq: ENCP), a special purpose acquisition company, by which Graphjet will become a United States based holding corporation listed on Nasdaq.
About GraphJet Technology
About the Ministry of International Trade and Industry (MITI) https://www.miti.gov.my/index.php/pages/view/2460?mid=836
About Malaysian Investment Development Authority (MIDA)
https: // www.mida.gov.my
About Swiss–Asian Chamber of Commerce (SACC)
The Swiss-Asian Chamber of Commerce (SACC) is a private organisation, providing a forum for all firms, institutions, government bodies and individuals interested in the economic and business relations between Switzerland and Asia.
For more information, please visit https://www.sacc.ch/about-sacc/