Syed Hamid: Malaysia can learn from Shenzhen

SHENZHEN (China): Malaysia can learn from Shenzhen and its free trade zones, said Foreign Minister Datuk Seri Syed Hamid Albar. 

”(Futian Free Trade Zone director Xiao Yuan Sheng is)nice and helpful in showing us what they have done,” he said. 

The MP for Kota Tinggi told Xiao about Malaysia’s plan to establish the Iskandar Development Zone and other similar zones in the country. 

”Two things we can learn from Shenzhen – their planning and incentives,” he said. 

Syed Hamid who is leading a delegation to China was given a briefing at the Futian Free Trade Zone by Xiao before calling on the Shenzhen deputy mayor Lu Ruifeng. 

http://biz.thestar.com.my/archives/2007/7/11/business/latestsyedlbari.JPG

Foreign Minister Datuk Seri Syed Hamid Albar shaking hands with Shenzhen deputy mayor Lu Ruifeng (right) after calling on the latter at Wuzhou Guest House in Shenzhen on Tuesday

He is expected to visit Shanghai and later Beijing to meet his counterpart Yang Jiechi and call on the Chinese Premier Wen Jiabao. 

Syed Hamid was impressed by Shenzhen and how they could develop what was only known as a rural area into an impressive commercial city. 

”They started as a rural area with a population of about 20,000. But now its has grown to a city of 12 million people, including a mobile population of four million. 

”They tend to focus on industry and the type of industry they want to develop,” he said. 

Syed Hamid added that Shenzhen was very focused and they targeted the World’s Top 500 companies. 
On his ministry’s role in promoting IDR, he said Wisma Putra was one of the ministries which had the largest international networks and a wide coverage. 

”Where we go we promote our country. Our role is more than political. It also involves trade and economics. 

”The specialised ministries do the focused work, we help do the networking with other countries and international organisations,” he said. 

Futian Free Trade Zone, established in 1991, is one of the three special economic areas that implement the policy of “full development” in the city of Shenzhen. 

There are 15 Free Trade Zones in China with three of them in Shenzhen. 

 

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