Bin Zayed International Group of Companies (BZI), a global investment leader, has officially opened its latest office in Kuala Lumpur at the Tun Razak Exchange (TRX). The launch of Bin Zayed International (M) Bhd marks the company’s expansion into Southeast Asia, underscoring its commitment to fueling economic growth and capitalizing on the dynamic business opportunities in the region.
Southeast Asia is poised for significant growth, with projections indicating that the region will remain one of the fastest-growing economic areas globally. In 2023, the Association of Southeast Asian Nations (ASEAN) economy became the world’s fifth-largest, boasting a nominal GDP of USD 3.8 trillion. By 2030, ASEAN is expected to rank as the fourth-largest economy globally, making it an attractive destination for international investors. BZI’s entry into Malaysia strategically positions the company to tap into this growth, utilizing the country’s infrastructure, skilled workforce, and its central location within ASEAN. Malaysia’s advanced digital connectivity and strong regulatory framework, particularly in Islamic finance, offer significant opportunities for investment.
As part of its expansion strategy, BZI has committed to investing USD 2 billion in Malaysia over the next five years. This investment aims to support the country’s economic ambitions and create a lasting impact on the local economy.
“We are dedicated to becoming stakeholders in this region by contributing to its growth and fostering widespread prosperity,” said Sheikh Khalifa Khaled Zayed Saquer Zayed Al Nahyan, Chairman of BZI. “As Southeast Asia stands poised to become an economic powerhouse, this expansion marks another step forward in our journey from local roots in the United Arab Emirates to global expansion.”
BZI’s entry into Malaysia has been met with support from the Malaysian government. Speaking on behalf of Prime Minister Dato’ Seri Anwar bin Ibrahim, YB Tan Sri Dato’ Dr. Johari Bin Abdul, Speaker of the House of Representatives, emphasized Malaysia’s growing appeal to international investors. During the grand opening ceremony, he highlighted the alignment between BZI’s forward-thinking approach and Malaysia’s vision for sustainable and inclusive development under the Madani Economy Framework.
He stated, “The presence of BZI here is not just a testament to Malaysia’s growing relevance on the global stage, but also a catalyst for shared economic prosperity. The government is actively fostering partnerships that will benefit not just the economy, but the lives of the Malaysian people.”
Malaysia’s commitment to fostering long-term growth and sustainability is also reflected in upcoming initiatives, such as the New Incentive Framework for 2025. The framework will include a RM 1 billion investment fund to support high-value industries and the development of local talent, positioning Malaysia as a competitive hub for investment.
The official opening of Bin Zayed International (M) Bhd was celebrated with a two-part event. The day began with a ribbon-cutting ceremony officiated by Sheikh Khalifa Khaled Zayed Saquer Zayed Al Nahyan, accompanied by his son, Sheikh Khalifa Bin Zayed Al Nahyan, and senior BZI executives. This was followed by a grand gala in the evening, which brought together governmental officials, business leaders, and international dignitaries, including His Highness Prince Abdul Hakeem Ibni Jefri Bolkiah of Brunei and Her Excellency Betty Oyella Bigombe, High Commissioner of the Republic of Uganda and Her Excellency Lada Phumas, Ambassador of Thailand.
Adding star power to the occasion, renowned film icon Datuk Shah Rukh Khan joined the festivities and congratulated BZI on its expansion into Southeast Asia. He remarked, “Their commitment to fostering economic growth around the world and building a brighter future is truly inspiring. I wish them nothing but success as they continue to make a meaningful impact.”
Dato’ Sri Dr. Shamir Kumar Nandy, Managing Director of Bin Zayed International (M) Bhd, shared his vision for the company’s future in Malaysia and Southeast Asia. “We want to build a future we all want,” he said. “We do this by passionately owning the vision, and relentlessly pursuing it. In a rapidly changing world, we must always be able to predict what’s next and have the flexibility to evolve in a responsive and relevant way.”
In a heartfelt speech on behalf of Malaysia’s Prime Minister, YB Tan Sri Dato’ Dr. Johari Bin Abdul reflected on the significance of the BZI expansion. He noted that the Malaysian government’s support for BZI’s operations in Malaysia aligns with the broader goals of economic inclusivity and sustainability.
“It is my privilege to deliver this address on behalf of the Prime Minister,” he said. “This evening marks the official launch of Bin Zayed International (M) Berhad, a truly remarkable moment for Malaysia. I would like to extend my warmest congratulations to Sheikh Khaled Zayed Saquer Zayed Al Nahyan and his team for their commitment to Malaysia and their belief in our nation’s potential as a strategic partner in Southeast Asia.”
He further stated that the presence of BZI reinforces Malaysia’s position as a dynamic center for investment and innovation, and that this collaboration would help Malaysia stay competitive in the global economy. “Malaysia has long benefited from political stability, economic growth, and a rich cultural heritage, which have positioned the country as an attractive destination for international investment,” he added.
He concluded by reaffirming Malaysia’s commitment to working with the private sector and fostering partnerships that would drive inclusive, equitable, and sustainable economic growth.
As BZI continues to expand its global footprint, the company’s operations in Southeast Asia are set to play a significant role in driving economic progress and innovation in the region. With a commitment to sustainable development and long-term growth, BZI’s presence in Malaysia is expected to bring significant benefits to the local economy, paving the way for a prosperous future for all Malaysians.
