Featuring:
The Honorary Mr. Raja Saifful Ridzuwan Raja Kamaruddin Consul General of Malaysia in Los Angele s
Mr. Marc Mealy Vice President – Policy Us-Asean Business Council
Tuesday, November 4 th, 2014 11:30am Registration Opens 12noon Program Begins 2:00pm Program Ends
Seattle Metro Chamber of Commerce 1301 Fifth Avenue, Suite 1500 Downtown Seattle $5 Members | $10 Non-Members Includes lunch
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Join Mida and the Trade Alliance for lunch and an update on opportunities for Washington state… Show more companies with Malaysia in the life sciences and aviation sectors.
Did you know? - The Malaysian economy grew by 6.4% in the second quarter of 2014 - Key Us exports to Malaysia include aircraft, electronic equipment and machinery - Us companies exported over $60 million in pharmaceutical products to Malaysia in 2013 - Asean represents a combined GDP of Us$2.4 trillion. Malaysia is within six hours of these markets -Malaysia is home the Malaysia Life Science Capital Fund, Business Startup Fund, and the Biotechnology Commercialization Fund
Malaysia has transformed itself since the 1970s from commodities producers to a thriving, multi-sector economy with middle-income country status. The country is taking even more steps in recent years to diversify its economy and to develop its domestic market. Launched in 2010, the Economic Transformation Programme (Etp) is a series of projects and policy measures designed to help Malaysia reach developed-nation status by 2020.
The Etp identifies 12 key sectors that will drive the economy of Malaysia forward including life science industry. The Government is paying particular attention to sub-sectors including Pharmaceuticals, Research & Commercialization, Medical Devices and healthcare. Among these, private healthcare services has recorded a significant growth.
Another sector which is highly promoted is the aerospace industry . The National Aerospace Blueprint was launched in 1997 to promote four niche areas which are Parts & Components Manufacturing, Avionics & System Integration, Centre of Excellence for Aerospace Training and Mro. Moving forward, Malaysia aims to be the preferred global aerospace outsourcing center through participation in design and build activities in future aircraft programs.
Malaysia will also chair Asean in 2015, a year of significant increased economic integration for the region’s 10 nations that will create smoother access to a market of some 620 million consumers. ASEAN’s economy represents the third largest in the world.
Marc P. Mealy is the Vice President-Policy at the Us Asean Business Council. The Council is the leading American trade association devoted exclusively to supporting the competitiveness of American companies doing business in Southeast Asia. Since joining the Council in 2003 he has become recognized as one of America’s leading experts on Malaysia and regional economic integration in Southeast Asia.
Mr. Mealy began his professional career as an international economist with USDA’s Foreign Agricultural Service. While at USDA, he was admitted into the U.S. Foreign Service and managed some of largest commodity trade finance and food assistance programs in Asia, Africa, and Eastern Europe for USDA’s Commodity Credit Corporation. Later, he joined the African American Institute (Aai), an international Ngo, as the Director of their Trade and Investment Program.
From 1999-2001 Mr. Mealy served on the Professional Staff of the House Committee on Foreign Affairs as the principle economist on global economic policy, and he served as the international economic and foreign policy advisor to Congressmen Gregory Meeks of New York. Mr. Mealy holds a B.A. in Economics and Third World Studies from Oberlin College and an M.S. degree in Economics from the University of Florida.
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Registration: pace is limited. For questions please contact Samantha Paxton at (206) 389-7319 / samanthap@seattletradealliance.com .
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