--Li Li Visited MIDA of Malaysia

　　Li Li and Liu Gang, Vice Chairman of Board of Directors of MEBO Group and the Vice President of MEBO Group respectively, were invited to visit the MIDA (Malaysia Investment Development Authority) in Kuala Lumpur, where they met with the officials of MIDA headquarter. Both sides held friendly talks on the investment of MEBO Group in Malaysia. Here is some detailed report :

　　At 10 a.m. on December 13, 2022, Li Li arrived at Kuala Lumpur and meet with Ms. Najihah Abas, the Executive President of MIDA. Ms. Najihah Abas, extended a warm welcome to  MEBO delegation led by Li Li and expressed her expectation for the long-term investment of MEBO Group in the field of bio-pharmaceuticals in Malaysia. Li Li stated that Malaysia had always been one of the important overseas markets of MEBO Group. The investment plan for Malaysia had been formulated three years ago, but was delayed by Covid-19. She hoped that the Malaysian government and MIDA would provide policy support, investment guidance and tax relief, so as to accelerate the investment in Malaysia and that the development of MEBO in Malaysia could benefit the whole Southeast Asia and other countries in the world.

　　Later, Wu Yun, Deputy General Manager of International Market of MEBO Group, briefed the development of MEBO Group in Malaysia over the past 20 years, as well as its production, technological innovation and research & development. Ms. Azlina Hamdan, Director of Life Science and Medical Technology Division of MIDA, introduced the current development of pharmaceutical industry of Malaysia, preferential policies for investment in this industry. She also put forward valuable suggestions on R&D and registration of product. Both sides agreed to regularly carry out friendly online and offline exchanges after the meeting.

　　Malaysia has the most preferred political, economic and cultural environment in Southeast Asia and it has always been the focus of MEBO Group's overseas market development. In the future, MEBO Group will invest more in Malaysia to turn MEBO-Malaysia into a center for product production, technology R&D and training.

Group photo after the meeting

Remark: Malaysia Investment Development Authority (MIDA), a main agency of the Malaysian government for the promotion of manufacturing and service industries, is a sub-bureau of the Ministry of International Trade and Industry of Malaysia. The agency, founded in 1967, is the main government unit responsible for coordinating investment in Malaysia. MIDA is a statutory government agency and the first stop for foreign enterprises to invest in Malaysia.

Contributed by International Department

December 13, 2022