LBS boss: Invest in Greater Bay Area now

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PETALING JAYA: As China’s Greater Bay Area (GBA) continues with its rapid growth, Malaysian businesses must act quickly to capture investment and partnership opportunities, said LBS Bina Group Bhd.

Its managing director Tan Sri Lim Hock San said the GBA, which is China’s most productive geographical area, is set to be an important pillar for the Belt and Road Initiative .

To promote greater cooperation, Lim said Malaysian businesses must first learn to boost their competitiveness. Lim called on Malaysian businesses to make an effort to visit the modern and high-tech companies operating within the GBA, in order to learn from them. While the GBA occupies only 0.6% of China’s land area, it accounts for almost 12% of the country’s GDP.

 

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