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Hollande witnesses six Malaysia-France B2B deals

KUALA LUMPUR: French president Francois Hollande, who is on a one-day state visit, witnessed six business-to-business Memorandum of Understanding today.

They were in the areas of energy efficiency, solar power generation, centre of excellence "Industry 4.0" and innovation and technology transfer.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed was also present.

Sime Darby and energy player ENGIE plan to co-develop opportunities in solar energy and high-end, state-of-the art integrated facilities management services.

BPI France and Platcom Ventures signed an MOU to set up a platform for collaborative projects between innovative French Malaysian SMEs and start-ups.

Tenaga Nasional Bhd and French power company EDF, which enjoy a strong link for several years, also signed another agreement to further their collaboration for two years.

Invest KL and Air Liquide inked an agreement for future collaboration in areas including talent and technical and technological tie-ups with startup companies here.

Prestariang Bhd and Thales Communications and Security and Thales Malaysia Sdn Bhd will join resources to modernise the national immigration system's core applications infrastructure part of System Kawalan Imigresen Nasional (SKIN) project.

Mustapa told a media briefing after the signing that total trade between Malaysia and France in 2016 increased by 6.3 per cent to RM15.23 billion.

Hollande's visit to Southeast Asia covers Singapore, Malaysia, Indonesia from March 26 to March 29.

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