Indonesia says nz beef can fill aussie shortfall as new industry takes root
KUALA LUMPUR, Nov 15 — The government of Malaysia’s first Prime Minister, Mahathir Mohamad, said Thursday it has signed a memorandum of understanding (MoU) with Australian meat processor Wagambang A.M. Ltd. for production, distribution and marketin크레이지 슬롯g of beef in the country.
The deal was signed during a visit by Mahathir to Australia and the U.S., Malaysia’s foreign affairs minister, Mahathir Zahid Hamidi, said during the visit to Brisbane.
“There are growing domestic and international markets for Australian products,” said Mohamad.
“This MoU demonstrates that we are serious about promoting our beef products in Asia and also in the United States.”
Malaysia’s beef exports to Australia totaled $23 million in 2010 and almost $100 million in 2011, according to the Ministry of Agriculture.
Wagambang A.M. said it is the first ever Australian beef producer to sign an MoU.
“It’s the first ever and I am very proud to have signed it,” Wagambang chief executive, Paul Hasegawa, told The Associated Press.
“We are very happy to be able to have this MoU with the Malaysian government.”
He said the firm is preparing to establish its first factory in the country, which will be named after former Prime Minister Mahathir, after signing an MoU with Australian government agencies.
The Wagambang A.M. facility will be about 45,000 square feet and 여수출장샵will start production of 10,000 tonnes of beef per year, Hasegawa added.
The country’s largest beef exporter, Australia imported $1.5 million of Wagambang’s beef in May, Hasegawa said.
Earlier this year, the Australian government said it would app온라인 카지노rove more than 1,100 new jobs for Australian beef producers starting in 2014.
Australian meat production accounts for about 10 per cent of the world’s beef supply.
The announcement of the deal between Australia and the country of its birth came after President Mahathir announced last year that a new $1.5 billion plant would be built in Malaysia with help from international beef producers and companies who would invest tens of billions in new research and production equipment.
“As a first step in creating jobs, our government will support an investment of $10 billion (in new investment to Malaysia by 201