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The Lord Mayor of the City of London Roger Gifford Presents Keynote Address At The BMCC Premier Luncheon

October 11, 2013 Destination ASEAN No Comments Email Email

As Malaysia continues to strengthen political and economic ties with Great Britain, the Right Honorable Lord Mayor of the City of London, Alderman Roger Gifford began his official visit to Malaysia by presenting a keynote at the British Malaysian Chamber of Commerce (BMCC) Premier Luncheon Series sponsored by Amcorp Properties.



From left: Tony Collingridge OBE, Director UKTI, British High Commission, Ray Kyles, Acting High Commissioner British High Commission, Michael McIver, Director/CEO Plus Three Consultants, Datuk Seri Michael Yam, Chairman InvestKL, Azmi Hashim, Chairman Amcorp Properties, The Right Honourable Lord Mayor of the City of London, Alderman Roger Gifford, Dato’ Larry Gan, Chairman of British Malaysian Chamber of Commerce, Bill Addington, Managing Director TechSol Sdn Bhd, Andrew Diamond, CEO Yakimbi Sdn Bhd. 

The last two years have witnessed several high profile Ministerial visits between the two nations, resulting in both David Cameron and Datuk Seri Najib Tun Razak jointly announcing a goal of doubling bilateral trade to £8bn and growing investment by 2016.

The BMCC is playing a central role in helping deliver that commitment having been selected as the local delivery partner for the UK Trade Investment (UKTI) Overseas Business Network Initiative, primarily focusing on SME’s. The presence of British businesses in Malaysia is strong and continues to have a positive impact on trade relations between the two countries. With increasing investments from Malaysian firms into Great Britain, the Lord Mayor of the City of London’s visit is pivotal to further boost investor confidence and support the ongoing development of the Square Mile as a global commercial hub. The Lord Mayor of the City of London said “London welcomes foreign investment and following the 2007/8 financial crisis with several changes around Governance, remuneration, austerity measures and opportunities for asset management, the city has a new breadth of life. London is in better shape than it was five years ago and I believe it can move forward with a reasonable outlook.”

Azmi Hashim, Chairman of Amcorp Properties Bhd, sponsors of the BMCC’s Premier Luncheon lunch said “With Amcorp reinforcing its presence in the London property market, this luncheon provides an insight into the possibilities for Malaysian investment not only in UK infrastructure, but also across other industries in Great Britain”.

When asked about the Malaysian liberalisation agenda, The Lord Mayor of the City of London commented “while there is strong case for liberalisation, particularly in the legal sector, it is a case of finding the right pace and the right way forward. The challenge is how to manage the period of change; steady liberalisation is the way forward.”

Opening up the market to foreign firms would present further opportunities for British investment into Malaysia.
Dato’ Larry Gan, Chairman of the BMCC echoed Azmi’s confidence in Malaysian businesses and highlighted that the purpose of the premier luncheon is to connect and keep KL’s corporate business community abreast with the developing British-Malaysian doubling trade relationship and to push Malaysia’s wealth of resource into the U.K. and support British firms exporting to Malaysia.

The luncheon hosted over 100 leading business executives, including KL’s movers and shakers and entrepreneurs from a wide range of industries. It provided an opportunity for top leaders in their sectors to network, ask provoking questions and presented an overview of the City of London Corporation’s role in supporting possibilities for future ventures in London. The bilateral partnership will be further cemented as PM Najib Razak opens the World Islamic Economic Forum (W.I.E.F), hosted in London in October 2013.

The Lord Mayor of the City of London said “Islamic finance has enormous potential for growth and Britain is honoured to host this year’s event. Britain can remain competitive as part of the EU and London is here to play and here to stay!”

The BMCC will continue its ongoing commitment in supporting the achievement of the bi-lateral trade goal and in 2014, the chamber plans to keep businesses abreast of the latest trends, opportunities and developments through its luncheon series. The BMCC Premier Luncheon Series has hosted several eminent guest speakers including Tan Sri Zeti and Lord Green and has since become one of the highlights of the KL business calendar.

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