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YABhg Tun Dr. Mahathir Mohamad shares insights on the 2nd Wave of Look East Policy with Entrepreneurs

SME Corp. Malaysia, in keeping up with its efforts to provide learning platforms for meaningful exchange of knowledge, organised an interactive tea talk for more than 300 entrepreneurs with YABhg Tun Dr. Mahathir Mohamad at Grand Dorsett Hotel, Subang on the topic “Dasar Pandang ke Timur Gelombang Kedua: Satu Realiti Baru, Cabaran & Peluang PKS Tempatan”.

Jointly organised by SME Corp. Malaysia and PERDASAMA, the tea talk which was held on 1 October 2013 proved to be an effective forum for the entrepreneurs to share their views and opinions, their experience and knowledge with YABhg. Tun Dr Mahathir. It was also an opportunity for entrepreneurs to gain new insights and understanding of the Second Wave of the Look East Policy (LEP) from YABhg. Tun Dr. Mahathir, who helped bring to front new polemics and perspectives on how the SMEs and local entrepreneurs can leverage from the Second Wave of LEP.

In the past, the Economic Partnership Training Program under the Economic Partnership Agreement Malaysia-Japan (JMEPA) benefited more than 15,000 professionals and technicians in the country. Similarly, in terms of trade, Japan remains our largest trading partner in East Asia with a total trade value of RM145.32 billion in 2012. Japan has also been our largest foreign investor during the period 1980 - 2012 with an investment value of RM68.2 billion, which created more than 300,000 job opportunities in Malaysia.

The second wave of LEP will further accelerate the development objective for Malaysia in terms of economics, trade and human capital development. It will continue to attract Japanese enterprises to trade and invest in Malaysia under the Economic Partnership Agreement Malaysia-Japan (JMEPA). A special program has also been developed to support the economic transformation blueprints for both countries, with emphasis on Green Technology, Infrastructure Development, Islamic Finance and Halal Industry.

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