imported 2024-03-17 17:43:07
Fawaz Hajjar is General Manager of Al Hayat Building Materials Company, a leading supplier of sanitary ware, faucets, water heaters and more. With 15,000 items, the company is one of the largest building material distributors in the kingdom.
L’ambition de l’Etat est de faire de la Côte d’Ivoire le hub énergétique. Il est donc très important que nous soyons aux côtés de l’Etat pour satisfaire cette ambition et nous sommes prêts à mobiliser les ressources et les financements, pour l’accompagner dans le domaine des infrastructures, mais aussi dans la gestion de ces infrastructures.
Lorsqu’on parle d’assurance, la Côte d’Ivoire est le pays en Afrique où ce secteur s’est beaucoup développé ces dernières décennies, surtout en assurance vie. Bien que des avancées notables aient été enregistrées il faut admettre qu’il reste encore beaucoup de choses à développer ici.
When you want to encourage processing, when you want investors to come for that purpose, you create conditions in the fiscal framework, in relation to the cost-efficiency of production, so that domestic and foreign investors want to come here.
Quand on veut encourager la transformation, quand on veut que les investisseurs viennent réaliser, on crée des conditions dans le cadre fiscal, par rapport à la maîtrise des coûts des facteurs de production, pour que les investisseurs nationaux ou étrangers trouvent un intérêt à venir transformer ici.
I think net yields generally vary between 5% to 8%. But the targets are generally between 15% to 20%. That is very achievable. You wouldn’t want to come with a lower IRR. You are putting in so much money, but the yields are between 5% to 8%. Why the IRRs are high is because the capital growth is still very strong. Economic growth is still pretty aggressive at 5.5%. So, there is a lot of growth in the market.
I think Malaysia has a lot of advantages; in addition to the standard banking opportunities here, Malaysia is a center for Islamic banking, and has some of the world’s biggest Islamic banks centered here who are also lending and supported the economy in terms of SME financing, and corporate and investment banking initiatives.
An Act of Parliament established the Malaysian Timber Industry Board (MTIB) in June 1973. We have been in existence for 41 years. We are the regulatory body for the timber sector in Malaysia. We fall under the Federal Ministry of Plantation Industries and Commodities.
This industry is thriving in Malaysia. This is mainly because the industry has the complete support of the Malaysian government. We have been organizing road shows around the world. We are also focusing on family-oriented tourism. That is why we have these family-friendly products, these sites, like KidZania, LegoLand, Puteri Harbour with Sanrio Hello Kitty Town and the Little Big Club with Thomas, Bob the Builder etc.
We want to offer the best of programs, the best facilities, but we have limitations because we are a private entity. I think this is a greater challenge. I am very proud to be in this industry, because it is evergreen. There will always be people who say that education is not important.
