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HomeThe NewsMalaysian Groups expressed intent to invest in Cotabato City

Malaysian Groups expressed intent to invest in Cotabato City

DSCF3123Business groups in the state of Johor, Malaysia are eyeing the possibility of putting up big investments in Cotabato City.

Heeding an invitation given by the Secretary General of Johor, Malaysia, City Mayor Japal Guiani, Jr. together with City Administrator Dr. Danda N. Juanday, went to the country and was able to talk with several business groups, including Iskandar Regional Development Authority, the planning arm of Johor's State Government.

Iskandar RDA is a government office that assesses all the incoming investments in Johor, Malaysia before they are able to put up their establishments in the state.

Mayor Guiani was able to meet with its officials and have talked about the possibility of expanding their investments to Cotabato City.

They have discussed several opportunities of investment to include the importation of goods from Cotabato City like the coconuts, as these are essential commodities in Johor but have a very limited supply.

One of the major deals that they have talked about is the possibility that Iskandar RDA can build a processing plant beside the halal slaughterhouse of Cotabato City so we can be able to export our meat products to their country.

"The Malaysians are very straightforward people. They wanted to hear the current situation in Cotabato and the areas where they can help us improve our economy. We laid down all the possibilities and thankfully, their response was very positive", Mayor Guiani said.

They 3-day visit of the City Mayor to Johor was highlighted by the signing of a Memorandum of Understanding between the City Government of Cotabato and the cooperatives in Johor, headed by the IMCOOP, for a partnership between Johor's and Cotabato City's cooperatives.

"The IM Coop is handling the cooperatives or the MSMEs in Johor and they are the ones selling food and non food items to them at very low prices. This is how they are helping their little businessmen to grow—by selling them high quality products that are also found inside grocery stores but at more than half its price", Mayor Guiani added.

The city government of Cotabato has been in full support of the city's Micro, Small, and Medium Enterprises by giving them financial assistance and providing them with business trainings, inviting them to trade fairs in the city and even in other parts of the country.

The MOU between IMCoop and the City Government is seen as the start of a fruitful relationship between the business groups in Johor and in this city.

The third group of investors that our city officials have talked to is the Johor Corporation. This group owns hundreds of companies that are operating around South East Asia. This corporation owns all the branches of KFC and Pizza Hut in Malaysia, Singapore, Thailand, and India.

Our city officials have presented the big improvement on the economic situation of Cotabato City and the areas where we can still expand our commercial district.

After a lengthy round table discussion with the executives  the Johor Corporation, the group has expressed their plans of visiting Cotabato City so they can see where they will be able to put up some of their food chains.

"Our visit to Johor has been very fruitful and successful. We have talked to many business groups and we were able to see how they are doing it in Johor. This is the main purpose of this trip. We want Cotabato City to have a direct link to Malaysia for us to have successful business partnerships with them soon", Mayor Guiani said.

Engr. Rey Trasmontero, one of the city government's electrical engineers, also joined the team to Malaysia to inspect the 2 generator sets that the Government of Johor is planning to donate to Cotabato City.

But since these generator sets were already used and some of its parts may already need replacing, a Malaysian contractor decided to just demolish the structure and give 2 Cotabato City brand new sets of generators, instead. According to Engr. Trasmontero, these new sets may be smaller than the ones they were planning to donate but they can produce sufficient energy to supply the whole City Hall in times of black out.

"Mahirap po kasi na mawalan ng kuryente ang isang government entity katulad sa city hall because that could affect the work of our employees. We need it in times like this na lagi tayong nakaka experience ng rotational brown outs", Mayor Guiani said.

The State Government of Johor is planning to come to Cotabato City anytime next year to reciprocate the visit of our officials and to personally meet their future investment partners here.

 

 

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