KUALA LUMPUR, 8 Nov — A total of 10 Memorandum of Understanding (MoU) with an estimated worth of RM50 million was signed between foreign and local businesses at the Business to Business matching session, organised by the Selangor Indian Chamber of Commerce and Entrepreneurs (SICCE) recently.
The session, attended by 100 business leaders from India and 10 from Sri Lanka included industries such as education, hospitality, food & beverages, health supplements, IT services, oil & gas as well as real estate, was held at the Signature Hotel, Kuala Lumpur.
SICCE president Dato Dr V. Shanmughanathan said the B2B discussion and networking session was initiated to stimulate the small and medium industries in the respective countries, especially in Malaysia where it forms as the backbone of the economy.
“This is the beginning. Next year will be bigger where we are aiming to sign at least 100 MoUs in May worth up to RM4 billion of agreements, with more countries joining in,” he said in his speech at the Deepavali dinner held to host the business leaders recently.
He urged more SMEs to take part in such initiatives as the right guidance and connectivity can help them to take their businesses to the next level.
At the dinner, the business leaders were also treated to a special performance by Super Singer fame Priyanka NK.
SICCE’s Business Connect programme is exclusively by invitation basis only and each participant is filtered by the committee prior to being invited. Apart from the networking session, the event sets to be trend changing and establishes high momentum business connectivity and networking for the community.