DISCUSSION: RENEWABLE ENERGY & HALAL
The discussion was moderated by Nordin Abdullah, Managing Director of Glenreagh and featured Datuk Amar Hj. Awang Tengah Ali Hassan, Minister of Planning and Resource Management II and, key figures from Sarawak and GCC. They were: Torstein Dale Sjotveit, CEO of Sarawak Energy BHD; Datuk Hajjah Norah Tun Abd Rahman Ya’kub, a Malaysian MP and Executive Chairman of the Tanjung Manis Halal Hub; Dr Fawaz Al Alamy, advisor to government agencies and to the private sector in Saudi Arabia; Khaled Awad, founder of Grenea and former Director of Property Development; and H.E. Saeed Fadhel Al Mazrooei, CEO of Emirates Aluminium.
The panel discussed the potential investment opportunities in renewable energy and halal products in Sarawak in the SCORE programme and the benefits it would bring to investors, the government and the people of Sarawak. GCC representatives expressed great interest in the opportunities available at the Tanjung Manis Halal Hub as well as the energy resources available from the Bakun Dam, which was being built in Bintulu to serve the power needs of the Samalaju Industrial Park and other areas.
Datuk Norah said food and water security was an important industry that would attract investors. She said the Tanjung Manis Halal Hub was dedicated to addressing the food and water security needs of the region and the world. She said Sarawak’s advantage was that it had a huge landbank, energy resources thanks to the Bakun Dam and natural resources. It was mentioned in the discussion that Sarawak needed to improve its infrastructure to provide a viable environment for investors, to which Norah replied that the Sarawak Corridor Of Renewable Energy (SCORE) programme was addressing those needs.
Nordin Abdullah Torstein Dale Datuk Hajjah Nora Fawaz Al Alamy Khaled Awad
Saeed Fadhel Al Al Mazrooei
DISCUSSION: INVESTING IN THE CAPITAL MARKETS OF MALAYSIA
The discussion was moderated by Jamelah Jamaluddin, CEO of Kuwait Finance House (Malaysia). The panel featured Dato’ Vaseehar Hassan, former CEO and Director of Dallah Al Baraka Group (Malaysia); Dato’ Yusli Mohamed Yusoff, CEO of Bursa Malaysia; Bakarudin Ishak, Assistant Governor of Bank Negara Malaysia, which is the Central Bank of Malaysia; and Tirad Mahmoud, CEO of Abu Dhabi Islamic Bank. The discussion focused on the investment opportunities in Malaysia for Islamic financial products and the emergence of Malaysia as a hub for Islamic banking. The panel discussed the popularity of sukuk, of Islamic bonds, as a growth area for Muslim and non-Muslim investors with Malaysia one of the largest issuers of domestic sukuk in the world.
Jamelah Jamaluddi Dato. Vaseehar Hassan Dato. Yusli Mohamed Bakarudin Ishak Tirad Mahmoud
DISCUSSION: INVESTING IN HEALTHCARE IN MALAYSIA
The discussion was chaired by Tan Sri Dato’ Seri Dr. Haji Mohd Ismail Merican, Director General, Ministry of Health and the panel featured Datin Paduka Siti Sa’diah Sheikh Bakir, Managing Director of KPJ Healthcare BHD; Dato’ Teddric Mohr, President and CEO of Penanag Adventist Hospital; Dr. Ayesha Abdullah, Executive Director of Dubai Healthcare City; and Seema Shetty, Executive Director, NMC Group. The discussion touched upon Malaysia as an emerging destination for medical tourism with Middle Eastern travellers, particularly, attracted by the costs and medical expertise offered by Malaysia’s top medical institutions.
The discussion also touched upon investment opportunities for REITs. KPJ Healthcare, in 2006, became the first Malaysian company to issue and Islamic REITs. There are now several Islamic Real East Investment Trusts (REITs). At the time, the company identified seven hospitals within the group as its main asset class for the establishment of the REITs.