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Apaccold signed a Memorandum of Understanding (MoU) with Malaysia-China Kuantan Industrial Park (MCKIP) to promote the optimization and upgrading of the cold chain supply chain

On April 26, 2022, the Malaysia-China (Guangxi) Investment Forum and the Celebration of the 10th Anniversary of the Construction of the "Two Countries and Two Parks" between China and Malaysia, jointly sponsored by the People's Government of Guangxi Zhuang Autonomous Region and the Ministry of International Trade and Industry of Malaysia, were held online and offline. With the theme of "Welcoming RCEP To Open The Market and Jointly Build a Cross-border Industrial Chain", Sheng Qiuping, Assistant Minister of Commerce, delivered a video speech for the forum, Cai Lixin, Member of the Standing Committee of the Autonomous Regional Party Committee and Executive Vice Chairman of the Autonomous Region, attended the event and delivered a speech at the Nanning branch venue, and Lim Wanfeng, Vice Minister of International Trade and Industry of Malaysia, delivered a speech at the Kuala Lumpur branch. Lin Guan, Secretary of the Qinzhou Municipal Party Committee and Secretary of the Party Working Committee of the Qinzhou Port Area of the Guangxi Pilot Free Trade Zone, Wang Lei, Director of the Guangxi Expo Bureau, Sharikhuddin, Secretary-General of Pahang, Malaysia, and Berchawei, CEO of the Development Council of the Malaysian East Coast Special Economic Zone, attended the event.

At the event, Chinese and Malaysian enterprises successfully signed 11 project investment agreements or strategic cooperation agreements involving the "two countries" and "double parks" between China and Malaysia. President and Chief Executive Officer Mr.Dickson Ho signed a memorandum of understanding online with MCA Kuantan Industrial Park Limited on behalf of ApacCold International – Memorandum of Understanding on Cold Chain Logistics Operation and Investment in MCA Kuantan Industrial Park. Relying on the interactive advantages of "two countries" and "double parks" and the unique location and route advantages between Kuantan Port and Qinzhou Port, we will build a cross-border cold chain supply chain between China and Malaysia, and cooperate to promote the optimization and upgrading of the logistics supply chain of the industrial park. Combined with the new land and sea corridor in the western region, we will seize the opportunity of RCEP, open up new channels for the import and export of the cold chain of ASEAN countries, and promote domestic and international dual circulation.

The construction of the "two countries" and "double parks" between China and Malaysia was launched in April 2012, which created a precedent and a new model of cooperation between the two countries in the world economic and trade exchanges. In the past 10 years, China and Malaysia's "two countries" and "double parks" have seized strategic opportunities such as the "Belt and Road", the China-ASEAN Free Trade Area, the new land and sea corridor in the western region, and RCEP to promote pioneering and innovation, and the development and construction have achieved remarkable results. The signing of this event involved an amount of 2 billion yuan. The cooperation includes cold chain logistics and other projects that provide important logistics support for the construction of cross-border industrial chains relying on the advantages of "two parks" and "two ports", as well as projects such as bulk trade in non-ferrous metals and bird's nest and durian procurement that use the preferential policies of the RCEP agreement to expand commodity trade between China and Malaysia.