Malaysian investment in UK has been on the upswing with companies, including government-linked firms, looking at investing in real estate and purchasing buildings in London.
Prime Minister Datuk Seri Najib Tun Razak said Malaysia, the second major investors in London, will be the major player in the real estate development in metropolitian city.
He said Mara was looking at a few London properties and EPF, flushed with funds, was looking for opportunities to invest here.
Even the quotas for Malaysians in the the Battersea Power Station's apartment project near here had been snapped up, and more Malaysians were buying the properties in the city, he said.
"This is good for the (British) economy," said Najib at the question and answer session with the British media after the official announcement of the 9th World Islamic Economic Forum (WIEF) at the Greater London Authority City Hall here Wednesday.
Also present were were London Mayor Boris Johnson, WIEF Foundation chairman Tun Musa Hitam, British Minister of State for Trade and Investment Lord Green of Hurstpierpoint and Malaysia Foreign Minister Datuk Seri Anifah Aman.
Currently, Malaysia's biggest investment in UK is the redevelopment of the 8 billion (RM39.2 billion) power station.
It is owned by a consortium comprising the EPF, Sime Darby Bhd and SP Setia Bhd.
Najib said with the coming WIEF Forum in October, the first being held outside the Organisation of the Islamic Conference member countries, there will be more opportunities for discussions between both sides on business collaborations which would lead to quite a number of active business proposals.
Najib said the Islamic economy has been on the rise with the Islamic banking emerging from been an obscure sector to a trillion-dollar concern offering a full range of Islamic financial products and services.
"Halal, which most people associate with food, covers everything from pharmaceuticals and logistics to cosmetics and tourism. It is a US$2.3 trillion market providing for more than 1.6 billion Muslims," he added.
He said the opportunities for London were clear, and that was one of the reasons why the forum will bring business and government leaders from both the Muslim and non-Muslim world to the country.
Najib said the forum will also discuss the role of women in business, how to help the cities meet the challenge of growth and the potentials for collaborations on technology and education.
It will also discuss the roles of the governments in promoting economic growth and the importance of moderation and tolerance within Islam, as well as in the wider world.
Meanwhile, Musa, in his welcoming speech, said the forum, titled "Changing World, New Relationships", will be held at ExCel, London's International Convention Centre.
Over 1,500 participants, including government leaders, captains of industries, academic scholars from 100 countries, were expected to attend, he said.
He said British Prime Minister David Cameron has confirmed his attendance and will be participating in the forum.
The forum, which hopes to bridge the Islamic and the non-Islamic world, will also discuss issues on health and education, women, youth and banking and finance.
Among the papers that will be presented are Promoting Transnational Education; Women in Corporate World; Global Health Challenges; and, Youth Unemployment and Apprenticeship.
Bernama
Wed Jul 03 2013
AWANI Ringkas: Pembentangan Belanjawan 2025
Ikuti rangkuman berita utama yang menjadi tumpuan sepanjang hari di Astro AWANI menerusi AWANI Ringkas.
#AWANIRingkas 18 Oktober 2024 | 9 PM
Berikut merupakan rangkuman berita setakat 9 malam, 18 Oktober 2024
1️⃣ Pembentangan Belanjawan 2025
2️⃣ Sektor pendidikan
3️⃣ Sektor kesihatan
#awaniringkas
1️⃣ Pembentangan Belanjawan 2025
2️⃣ Sektor pendidikan
3️⃣ Sektor kesihatan
#awaniringkas
Belanjawan 2025: Peruntukan AI dinaikkan sebanyak RM50 juta
Kerajaan komited memperluaskan pendidikan berkaitan Kecerdasan Buatan (AI) ke semua universiti penyelidikan dengan peruntukan RM50 juta, berbanding RM20 juta tahun ini.
Latihan regata bertukar tragedi, lima peserta dikhuatiri lemas
Insiden melibatkan 15 peserta menggunakan satu bot untuk latihan regata. 10 individu berjaya selamatkan diri manakala lima yang lain masih hilang.
UAE hantar tiga lagi pesawat bersama 120 tan bantuan untuk Lubnan
UAE setakat ini telah menghantar 12 pesawat yang membawa 515 tan bekalan bantuan.
Belanjawan 2025: Nak masuk Universiti? Ini cara kerajaan bantu anda
Belanjawan MADANI memperlihatkan komitmen Kerajaan dalam meningkatkan sektor pendidikan tinggi negara.
Belanjawan 2025 sedia platform menyeluruh hadapi cabaran tahun depan - Mohamad Hasan
Langkah-langkah dalam Belanjawan 2025 juga dilihat cuba mengimbangi keperluan rakyat terutama dalam mendepani isu kos sara hidup.
Jumlah kematian di Lubnan terus meningkat
Jumlah kematian akibat serangan udara Israel di Lubnan sejak tercetusnya konflik Israel-Hizbullah pada 8 Oktober 2023 meningkat kepada 2,412.
Lima hilang selepas perahu lumba karam
Wartawan AWANI Borneo, Fadillah Sulaiman bawakan laporan terkini insiden perahu lumba karam dan tenggelam berhampiran kawasan perindustrian Bintawa.
Kematian Yahya Sinwar tidak sesekali patahkan semangat Hamas
Kematian itu dilihat bakal mempupuk semangat yang menebal dalam kalangan mereka untuk terus memperjuangkan agenda pembebasan Palestin yang merdeka sekali gus menamatkan agenda kekejaman rejim Zionis
AS$55 bilion bakal jadi milik BTS apabila saham Big Hit disenaraikan
Anggota kumpulan k-pop BTS semakin menghampiri kekayaan berganda apabila syarikat rakaman mereka Big Hit mengumumkan akan mengapungkan ekuiti syarikat itu di pasaran saham.
Lawatan pegawai khas politik ke hotel di Kuching bukan arahan saya - Isa Samad
Mohd Isa, 71, berkata Muhammad Zahid Md Arip melawat hotel berkenaan bukan atas urusan rasmi, sebaliknya urusan peribadi untuk mengetahui keadaan politik di sana.
APEC2020: Women, corruption and their role in fighting it
The role of women in fighting corruption is often a muted subject, not much discussed nor promoted much.
Saksi kata 1MDB 'baby' Najib, ini 6 fakta penting dalam perbicaraan hari ke-8
1Malaysia Development Berhad (1MDB) adalah 'baby' Najib - saksi kelapan.
Tempoh perkhidmatan Nasir dilanjutkan hingga tahun hadapan - KWSP
Mohamad Nasir memulakan kerjayanya di KWSP pada 1982 di mana beliau memegang beberapa jawatan sebelum dinaikkan pangkat sebagai Timbalan Ketua Pegawai Eksekutif bahagian pelaburan.
Bidaan Equanimity perlu bayar deposit RM4.18 juta
Kapal layar mewah Equanimity yang sebelum ini dimiliki oleh ahli perniagaan Low Taek Jho atau Jho Low kini dibuka untuk pembeli.
Climate change in Malaysia and what it means for us
The worlds climate is changing for the worse, and humans are responsible for that. Lets dive into a touch of science to make sense of this.
SUPERB mengoptimumkan manfaat kepada usahawan Bumiputera
Seramai 26 finalis SUPERB Siri Ketiga dan Keempat 2014 telah dinobatkan sebagai pemenang geran keseluruhan bernilai RM 13 juta.