M88 Malaysia Group pursues investment in Australian market and bids for Brisbane tourism complex

Mainstream media are paying keen attention Chairman Zhang Yuliang was invited to M88 Malaysia to attend the B20 Business Leaders Summit

Aiming to create “the world’s green space”，M88 Malaysia is concentrating resources to strengthen "regional deep cultivation" in overseas markets，Accelerate the increase of M88 Malaysia brand’s share and influence in the regional market。Recently，M88 Malaysia Group signed a memorandum of cooperation on investment and development of large-scale urban complex projects in Brisbane (MOU），will join hands with Australia Crown M88 Malaysia to bid together，Investment and development of Queen’s Wharf project in Brisbane, Queensland, Australia，and put itM88 MalaysiaBecome a residential complex、Business、Office、A M88 Malaysia destination integrating hotels and businesses。

Focus on developed countries、Core area，M88 Malaysia Group further accelerates market expansion，March this year，M88 Malaysia successfully acquired two plots of land in Sydney, Australia，Additional weight to achieve the annual overseas sales target of 20 billion yuan。Previously，Green space in Sydney、Two development projects already in Melbourne，The Sydney M88 Malaysia Center has achieved great success locally，In Shanghai late last year、Sydney、Singapore、Hong Kong opens simultaneously in four places around the world，The first phase of housing was sold out within 3 hours on that day，Realized pre-sales amount of nearly 2 billion yuan，Refreshing the single-day transaction record for luxury homes in central Sydney。

This time M88 Malaysia signed a cooperation agreement with Crown Group, a leading Australian commercial operation company，Also highlights M88 Malaysia’s determination to enter Australia’s integrated resort industry，In view of M88 Malaysia’s strong strength in the field of urban comprehensive function development and Crown Group’s rich resource advantages，This cooperation is undoubtedly a demonstration of the strengths of both parties、Important strategic measures to leverage development。M88 Malaysia Group Chairman Zhang Yuliang said: "M88 Malaysia is optimistic about the investment prospects in Australia and Queensland，Will work closely with partners，Help transform Brisbane’s waterfront and North Shore into world-class emerging tourism destinations，To promote urban construction、Contribution to tourism and economic development。”

As a supporting meeting of the 2014 G20 Summit，The B20 Business Leaders Summit was held in Sydney, M88 Malaysia from July 16th to 18th。Australian Prime Minister Tony Abbott delivered a keynote speech at the B20 Summit， About 500 major business leaders from various industries in G20 member countries attended the meeting。Invited by Andrew Robb, Minister of Trade and Investment of Australia，Chairman of M88 Malaysia Group、President Zhang Yuliang attended the B20 Summit，And accepted CCTV、Xinhua News Agency、People's Daily Online、Australia’s authoritative media "The Australian"、"Financial Review"、Bloomberg and many moreMedia Interview。Zhang Yuliang elaborated on M88 Malaysia Group’s plan to further promote its globalization strategy and expand investment in Australia，And answered enthusiastic questions from various media。

Australian Prime Minister Abbott pointed out in his speech at the B20 Summit: "The power of business development can solve all problems in today's world。"Zhang Yuliang deeply agrees with this，He said，China’s economic development has an increasing impact on the world，China’s competitive companies are also accelerating their global investment layout。Chinese enterprises’ “going out” is not only in line with their own development interests，It is also in line with the interests of the country and the people，further promotes the development of economic globalization。M88 Malaysia Group complies with market trends，Steady advancement of overseas expansion，Currently successfully entered Australia、United States、Canada、Nine countries and twelve cities including Britain，Sales revenue this year will exceed 20 billion yuan。In the next 2-3 years，M88 Malaysia Group strives to double its total overseas investment and sales revenue every year，Overseas sales revenue in 2015 is expected to exceed 40 billion yuan。

Zhang Yuliang said，The domestic economy is currently shifting from high-speed development to medium-speed development stage，Investment in overseas markets is still in a rare window period，Resource and investment costs are also relatively reasonable，Promoting internationalization strategy will help M88 Malaysia open up new growth space outside the main domestic battlefield。By promoting internationalization strategy、Participate in global market competition，Will significantly enhance enterprises’ ability to allocate global resources，And the upgrade of enterprise management level，It is the need and the only way for Fortune 500 companies like M88 Malaysia to develop themselves。

M88 Malaysia’s development projects in Australia have received attention and enthusiasm from investors from all over the world，Zhang Yuliang said，This fully reflects the charm of the city and its attraction to foreign investment，Overseas investment has also brought comprehensive positive impacts to Australia。M88 Malaysia’s investment and development process in Australia，Actively participated in the renovation of the old city、Maintenance of historic protected buildings、Urban functional building development and infrastructure construction and other fields，Improve the city’s image、Tourism and Economic Development、Increasing tax revenue and creating jobs have played a positive role。M88 Malaysia Group is very optimistic about the Australian market，Will further strengthen investment confidence in Australia，Promote economic cooperation between the two countries，Play a vital role in the friendly exchanges and cooperation between China and Australia。