A Turkish investment company has signed an agreement with Kish Free Zone Organization on building tourism, commercial, airline and maritime services complexes.
According to the Public Relations of Kish Free Zone Organization, the Board of Investment of Turkey in cooperation with an Iranian Investment company intends to have a joint investment and to perform different projects in Kish.
on the memorandum of understanding which has been signed between this consortium and Kish Free Zone Organization construction of great recreational, residential, tourism complex and commercial, economical complexes and establishing active financial institutions related to business development and commercial services are anticipated.
Constructing a modern health center, establishing an airline company with direct flights between Kish and this country and also providing marine and relief services using modern equipment, will be other measures of this foreign investor.
Turkish side while visiting the tourist attractions and economic capacities of the region, expressed interest to develop trade and economic relationship between his country and Kish and plans for holding various seminars in Kish and Istanbul to introduce the tourist and commercial attractions of this free zone.
It is supposed that the studies on how to implement the agreement and the executive plans of the company begin after three months.
Thursday, February 10, 2011
Abu Dhabi Crown Prince To Launch KLIFD Project In June
The Crown Prince of Abu Dhabi, Sheikh Mohammed bin Zayed Al Nahyan, is expected to visit Malaysia in June during which he will jointly launch the Kuala Lumpur International Financial District (KLIFD) project with Prime Minister Datuk Seri Najib Tun Razak.
Najib, who held talks with Mubadala Development Corporation chief executive Khaldoon Khalifa Al Mubarak here Sunday, said Mubadala had reiterated its commitment to the KLIFD, a proposed US$8 billion joint property development between 1Malaysia Development Berhad and the Abu Dhabi-based Mubadala.
"They're also willing to pick a leading Abu Dhabi financial institution as the anchor bank in KLIFD," he told the Malaysian media after the meeting.
Najib had earlier launched the "Invest Malaysia 2011" magazine and forum, where he promoted Malaysia as an investment destination to potential Gulf investors.
The Emiratis, Najib said, were also keen on Malaysia's oil and gas, real estate and energy sectors.
"They're looking at the possibility of developing and owning a five-star hotel in Malaysia," he said.
Mubadala is also leading a consortium in investing US$720 million in Medini Iskandar Malaysia in the southern Malaysian state of Johor.
Najib observed that all this reflected Abu Dhabi's as well as the United Arab Emirates' (UAE) growing interest in Malaysia.
According to Najib, the Arabs seemed to be willing to widen their investment horizons to include Asian countries like Malaysia rather than focusing more on the West.
The prime minister also commented on the signing of a framework agreement between Malaysia and the Gulf Cooperation Council (GCC) seen as a precursor to a free trade agreement (FTA) between both parties.
Najib disclosed that the framework agreement was hammered out within six weeks, which he described as an "extraordinary commitment".
"We expect the negotiations to start in March and that the FTA may be concluded within a year or a year-and-a-half," he said.
He was hopeful that the FTA would bring more benefits to Malaysia in terms of opportunities for trade and investment activities.
Najib, who held talks with Mubadala Development Corporation chief executive Khaldoon Khalifa Al Mubarak here Sunday, said Mubadala had reiterated its commitment to the KLIFD, a proposed US$8 billion joint property development between 1Malaysia Development Berhad and the Abu Dhabi-based Mubadala.
"They're also willing to pick a leading Abu Dhabi financial institution as the anchor bank in KLIFD," he told the Malaysian media after the meeting.
Najib had earlier launched the "Invest Malaysia 2011" magazine and forum, where he promoted Malaysia as an investment destination to potential Gulf investors.
The Emiratis, Najib said, were also keen on Malaysia's oil and gas, real estate and energy sectors.
"They're looking at the possibility of developing and owning a five-star hotel in Malaysia," he said.
Mubadala is also leading a consortium in investing US$720 million in Medini Iskandar Malaysia in the southern Malaysian state of Johor.
Najib observed that all this reflected Abu Dhabi's as well as the United Arab Emirates' (UAE) growing interest in Malaysia.
According to Najib, the Arabs seemed to be willing to widen their investment horizons to include Asian countries like Malaysia rather than focusing more on the West.
The prime minister also commented on the signing of a framework agreement between Malaysia and the Gulf Cooperation Council (GCC) seen as a precursor to a free trade agreement (FTA) between both parties.
Najib disclosed that the framework agreement was hammered out within six weeks, which he described as an "extraordinary commitment".
"We expect the negotiations to start in March and that the FTA may be concluded within a year or a year-and-a-half," he said.
He was hopeful that the FTA would bring more benefits to Malaysia in terms of opportunities for trade and investment activities.
Malaysia Rolls Out Red Carpet For Gulf Investors
Malaysia has thrown its doors wide open to potential Gulf investors, with Prime Minister Datuk Seri Najib Tun Razak saying that there is enormous potential in the country to forge new bonds that will be mutually beneficial.
In a 30-minute keynote address when opening the "Invest Malaysia 2011" forum here Sunday, Najib presented a strong case for Gulf investors to choose Malaysia as an investment destination.
"Our economy offers great depth and breadth in opportunities for investors who are both visionary and competitive," he said as he bid "Selamat Datang" (welcome) to potential investors.
He touted Malaysia's business-friendly environment and highlighted possible areas for business ventures to hundreds of Gulf businessmen gathered at the ballroom of the colossal Emirates Palace hotel overlooking the Arabian Gulf.
Later, Najib witnessed the signing of a framework agreement on economic, commercial, investment and technical cooperation between Malaysia and the Gulf Cooperation Council (GCC) which groups Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Bahrain and Oman.
Describing the pact as a significant milestone in ties between Malaysia and the GCC, the prime minister said both parties were committed towards commencing negotiations for a proposed free trade agreement by March 2011.
The ceremony was also witnessed by Khaldoon Khalifa Al Mubarak, chairman of the Abu Dhabi Executive Affairs Authority and chief executive of Mubadala Development Corporation.
Present at the opening of Invest Malaysia were Najib's wife Datin Seri Rosmah Mansor, International Trade and Industry Minister Datuk Seri Mustapa Mohamed, UAE's Economy Minister Sultan Saeed Al-Mansoori, GCC secretary-general Abdul Rahman bin Hamad Al-Attiyah and other senior government officials.
In his speech, Najib said the Malaysian government had taken steps to foster a conducive investment climate through a policy of gradual liberalisation and attracting high-value sources of growth.
"We're targeting industries in which Malaysia has distinct advantages, such as ecotourism, medical tourism, financial services, education, telecommunications and green technology, including renewable energy," he said.
Malaysia, he noted, was also working to attract regional headquarters, procurement operations and regional distribution centres to its shores.
Najib pointed out that government policies such as the New Economic Model, 10th Malaysia Plan and Economic Transformation Programme had propelled Malaysia forward and helped the nation recover quickly from the global economic slowdown.
"Over the next 10 years, the manufacturing and service sectors will assume a greater role in our economy. These are attractive areas where foreign investment can support economic growth," he said.
The prime minister also shared with his audience Malaysia's strength in Islamic finance, noting that Malaysia was poised to become one of the largest Islamic financial hubs in the world.
"In terms of rankings for sukuk (Islamic Bond), Malaysia is in the top position, followed by the UAE, Saudi Arabia, Indonesia and Bahrain," he said, adding that Malaysia now accounted for more than 50 per cent of the US$144 billion in Islamic bonds outstanding worldwide.
The prime minister told the Abu Dhabi gathering that Malaysia's economic strategy involved new debt offerings and the introduction of innovative Islamic banking products, such as structured deposits, derivatives and hedging products.
"We're also attracting investors and issuers to our domestic bond market through tax incentives," he said.
Najib noted that Malaysia enjoyed renewed foreign investment in 2010, with the figure for manufacturing sector growing from US$7.2 billion in 2009 to US$9.5 billion in 2010.
The United States was Malaysia's largest source of foreign direct investment in manufacturing last year, with 47 projects, totalling US$4 billion in approved investments. Japan came in second with 61 projects
In a 30-minute keynote address when opening the "Invest Malaysia 2011" forum here Sunday, Najib presented a strong case for Gulf investors to choose Malaysia as an investment destination.
"Our economy offers great depth and breadth in opportunities for investors who are both visionary and competitive," he said as he bid "Selamat Datang" (welcome) to potential investors.
He touted Malaysia's business-friendly environment and highlighted possible areas for business ventures to hundreds of Gulf businessmen gathered at the ballroom of the colossal Emirates Palace hotel overlooking the Arabian Gulf.
Later, Najib witnessed the signing of a framework agreement on economic, commercial, investment and technical cooperation between Malaysia and the Gulf Cooperation Council (GCC) which groups Saudi Arabia, the United Arab Emirates (UAE), Qatar, Kuwait, Bahrain and Oman.
Describing the pact as a significant milestone in ties between Malaysia and the GCC, the prime minister said both parties were committed towards commencing negotiations for a proposed free trade agreement by March 2011.
The ceremony was also witnessed by Khaldoon Khalifa Al Mubarak, chairman of the Abu Dhabi Executive Affairs Authority and chief executive of Mubadala Development Corporation.
Present at the opening of Invest Malaysia were Najib's wife Datin Seri Rosmah Mansor, International Trade and Industry Minister Datuk Seri Mustapa Mohamed, UAE's Economy Minister Sultan Saeed Al-Mansoori, GCC secretary-general Abdul Rahman bin Hamad Al-Attiyah and other senior government officials.
In his speech, Najib said the Malaysian government had taken steps to foster a conducive investment climate through a policy of gradual liberalisation and attracting high-value sources of growth.
"We're targeting industries in which Malaysia has distinct advantages, such as ecotourism, medical tourism, financial services, education, telecommunications and green technology, including renewable energy," he said.
Malaysia, he noted, was also working to attract regional headquarters, procurement operations and regional distribution centres to its shores.
Najib pointed out that government policies such as the New Economic Model, 10th Malaysia Plan and Economic Transformation Programme had propelled Malaysia forward and helped the nation recover quickly from the global economic slowdown.
"Over the next 10 years, the manufacturing and service sectors will assume a greater role in our economy. These are attractive areas where foreign investment can support economic growth," he said.
The prime minister also shared with his audience Malaysia's strength in Islamic finance, noting that Malaysia was poised to become one of the largest Islamic financial hubs in the world.
"In terms of rankings for sukuk (Islamic Bond), Malaysia is in the top position, followed by the UAE, Saudi Arabia, Indonesia and Bahrain," he said, adding that Malaysia now accounted for more than 50 per cent of the US$144 billion in Islamic bonds outstanding worldwide.
The prime minister told the Abu Dhabi gathering that Malaysia's economic strategy involved new debt offerings and the introduction of innovative Islamic banking products, such as structured deposits, derivatives and hedging products.
"We're also attracting investors and issuers to our domestic bond market through tax incentives," he said.
Najib noted that Malaysia enjoyed renewed foreign investment in 2010, with the figure for manufacturing sector growing from US$7.2 billion in 2009 to US$9.5 billion in 2010.
The United States was Malaysia's largest source of foreign direct investment in manufacturing last year, with 47 projects, totalling US$4 billion in approved investments. Japan came in second with 61 projects
Monday, February 7, 2011
Pengukuhan dari yang belum kukuh
Tadi pagi sekitar pukul 10.00 wib, Dewan Kawasan Perdagangan Bebas dan Pelabuhan Bebas Batam Bintan Karimun (DK BBK) mengukuhkan struktur personel Badan Pengusahaan Kawasan FTZ Batam Bintan Karimun dan Tanjung Pinang di Ruang Balairungsari BP Batam.
Ada dua hal menarik dari pengukuhan tersebut yaitu:
1) Setelah hampir dua tahun disahkan kepengurusan BP BBK melalui SK Dewan Kawasan Nomor 1 tahun 2008 tentang BP Bintan, SK DK Nomor 2/2008 tentang BP Karimun, dan SK DK Nomor 3/2008 tentang BP Batam, ternyata baru hari ini tiga institusi itu dikukuhkan dan dilantik secara resmi,
2) Ternyata pengukuhan tiga BP itu dilakukan oleh sebuah institusi yang sampai hari ini belum dikukuhkan oleh yang membentuknya yaitu Presiden. Ya, Dewan Kawasan dibentuk berdasarkan Keputusan Presiden (Kepres) No. 9, 10, 11 tahun 2008 tentang Susunan Dewan Kawasan Perdagangan Bebas dan Pelabuhan Bebas Batam, Bintan, dan Karimun. Sejak Ketuanya masih diisi oleh Ismeth Abdullah (ketika masih menjabat sebagai Gubernur Kepri) hingga posisinya digantikan oleh M. Sani, institusi DK belum pernah diresmikan dan dikukuhkan oleh Presiden SBY.
Lantas, ketika DK saja belum dikukuhkan, mengapa dia malah mengukuhkan lembaga yang dibentuknya? Hmmmm...agak lucu aja walaupun dari sisi legal formal tidak ada yang salah atau dilanggar oleh DK.
Namun dari sisi kepantasan, bukankah lebih bagus jika DK sebagai institusi tertinggi di wilayah FTZ dilantik terlebih dulu, baru kemudian melantik institusi yang berada di bawahnya.
Entahlah..tidak jelas..dan republik ini sejak dipimpin presiden baru ini memang tidak ada yang jelas. Ntah mau kemana dibawa FTZ ini. Walaupun tiga BP telah dikukuhkan namun itu bukan jaminan bahwa kawasan FTZ ini akan semakin menarik bagi investor.
Ada sebuah cerita menarik ketika Ketua Umum Kadin Provinsi Kepri Johanes Kennedy bertemu dengan Menteri Perdagangan Mari Pangestu di Jakarta beberapa waktu lalu. Mendag yang merupakan salah satu pembina mendapat pertanyaan dari Johanes, "Bu Menteri, sebenarnya apa rencana pemerintah terhadap FTZ BBK ini?"
Dan sambil tersipu malu, Bu Menteri menjawab sambil berbisik, "pak John, sebenarnya saya malu kalo ngomongin soal FTZ BBK, ibarat bayi yang baru dilahirkan tapi ga bisa besar-besar!"
Jawaban pendek tapi sarat makna..semoga menjadi perhatian kita semua!
Ada dua hal menarik dari pengukuhan tersebut yaitu:
1) Setelah hampir dua tahun disahkan kepengurusan BP BBK melalui SK Dewan Kawasan Nomor 1 tahun 2008 tentang BP Bintan, SK DK Nomor 2/2008 tentang BP Karimun, dan SK DK Nomor 3/2008 tentang BP Batam, ternyata baru hari ini tiga institusi itu dikukuhkan dan dilantik secara resmi,
2) Ternyata pengukuhan tiga BP itu dilakukan oleh sebuah institusi yang sampai hari ini belum dikukuhkan oleh yang membentuknya yaitu Presiden. Ya, Dewan Kawasan dibentuk berdasarkan Keputusan Presiden (Kepres) No. 9, 10, 11 tahun 2008 tentang Susunan Dewan Kawasan Perdagangan Bebas dan Pelabuhan Bebas Batam, Bintan, dan Karimun. Sejak Ketuanya masih diisi oleh Ismeth Abdullah (ketika masih menjabat sebagai Gubernur Kepri) hingga posisinya digantikan oleh M. Sani, institusi DK belum pernah diresmikan dan dikukuhkan oleh Presiden SBY.
Lantas, ketika DK saja belum dikukuhkan, mengapa dia malah mengukuhkan lembaga yang dibentuknya? Hmmmm...agak lucu aja walaupun dari sisi legal formal tidak ada yang salah atau dilanggar oleh DK.
Namun dari sisi kepantasan, bukankah lebih bagus jika DK sebagai institusi tertinggi di wilayah FTZ dilantik terlebih dulu, baru kemudian melantik institusi yang berada di bawahnya.
Entahlah..tidak jelas..dan republik ini sejak dipimpin presiden baru ini memang tidak ada yang jelas. Ntah mau kemana dibawa FTZ ini. Walaupun tiga BP telah dikukuhkan namun itu bukan jaminan bahwa kawasan FTZ ini akan semakin menarik bagi investor.
Ada sebuah cerita menarik ketika Ketua Umum Kadin Provinsi Kepri Johanes Kennedy bertemu dengan Menteri Perdagangan Mari Pangestu di Jakarta beberapa waktu lalu. Mendag yang merupakan salah satu pembina mendapat pertanyaan dari Johanes, "Bu Menteri, sebenarnya apa rencana pemerintah terhadap FTZ BBK ini?"
Dan sambil tersipu malu, Bu Menteri menjawab sambil berbisik, "pak John, sebenarnya saya malu kalo ngomongin soal FTZ BBK, ibarat bayi yang baru dilahirkan tapi ga bisa besar-besar!"
Jawaban pendek tapi sarat makna..semoga menjadi perhatian kita semua!
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