YAB Tun Dr. Mahathir Mohamad led the Malaysian delegation visit to Busan and Seoul from 25 until 28 November 2019, in conjunction with the ASEAN – Republic of Korea Commemorative Summit. The Chief Executive Officer (CEO) of MIDA, Dato’ Azman Mahmud and officials from the Foreign Investment Promotion Division of MIDA accompanied YAB PM for the visit.
YAB Tun Mahathir’s programmes included the ASEAN leaders meeting, visit to the Korea Aerospace Industry (KAI) facility and Hyundai Rotem; a roundtable meeting with Korean Captains of Industry, and a bilateral meeting with H.E. President Moon Jae-In at the Presidential Blue House.
The Roundtable Meeting (RTM) with the Korean Captains of Industries was organised by MIDA, MITI, MATRADE and the Korea Trade-Investment Promotion Agency (KOTRA). The RTM was an effective platform for Korean conglomerates to engage in a more candid and open conversation with Tun Dr. Mahathir and obtain insights on how businesses from both countries could work together for mutual benefits.
The Korean members were led by Her Excellency Yoo Myung- Hee, Minister for Trade, Ministry of Trade, Industry and Energy (MOTIE). The session was well attended by 56 Korean participants, representing 29 Korean companies and 3 government agencies and associations. Among the top ‘Chaebol’ (Korean Conglomerate) who participated in the session were from Samsung, Hyundai, SK, LG, Lotte, Hanwha, Shinsegae and KCC.