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WTCKL strengthening trade relations, investment in the business sector of Saudi Arabia

Group CEO of WTCKL, Datuk Seri Dr. Irmohizam Ibrahim, with Saudi Minister of Municipal and Rural Affairs, Majed bin Abdullah Al-Haqil (left), and CEO, Osama Hassan Ahmed (right)

KUALA LUMPUR 27 December- The Kuala Lumpur World Trade Center (WTCKL) is strengthening its international network by forging strategic partnerships with key players in the global business and trade sector.

Recently, WTCKL held a series of official meetings with the leaders of Saudi Arabia to open up opportunities in increasing trade, investment, and economic cooperation between the two countries.

WTCKL Group Managing Director, Datuk Seri Dr. Irmohizam Ibrahim, emphasized the importance of this strategic relationship as well as Malaysia's full commitment in strengthening economic relations with the Middle Eastern country.

"Discussions with key figures such as the Mayor of Jazan, Yahya bin Jaber Al-Ghazwani and other leaders have opened up space to explore the great potential
in cooperation, especially in the field of trade, business networking, and large-scale events," he said.

He explained that the discussions in Jazan focused on long-term measures to increase investment opportunities and position Jazan as a major economic hub in the region.

"I believe Jazan has the potential to become a major focal point in international trade and business events.

"Its strategic location near Africa provides a unique advantage for transcontinental trade and investment," said Irmohizam.

During his visit, Irmohizam also had the opportunity to meet with Saudi Arabia's Minister of Cities and Housing, Majed bin Abdullah Al-Haqil, in a special session that discussed future growth in Jazan.

He also proposed the establishment of the World Trade Center (WTC) in Jazan, stressing that the global network of WTCA can play an important role in making Jazan an international destination for business events.

“We see a huge opportunity for Jazan to emerge as a global hub for business events.

"The development of a world-class convention center in Jazan not only strengthens its position in the global market, but also contributes to diversification
economy of Saudi Arabia under Vision 2030," he said.

The visit also included discussions with Khuzama Valley Investment (KVI), represented by the Chairman, Mansour Ayedh Alkahtani and Chief Executive Officer, Osama Hassan Ahmed, to strengthen cooperation in realizing Jazan's great potential as a regional economic hub.

SITI AISHAH MD ISA