SHAH ALAM - Bin Zayed International (BZI) has inaugurated a new office at the Tun Razak Exchange in Kuala Lumpur, marking its strategic entry into Southeast Asia.
This move aims to establish Malaysia as a key hub for the company’s growth in the region, with BZI planning to invest at least USD 2 billion over the next five years to fuel economic development and regional influence.
The newly formed entity, Bin Zayed International (M) Bhd, will serve as the foundation for the firm’s operations across Southeast Asia, unlocking greater access to investment opportunities and accelerating growth in this rapidly evolving market.
BZI’s expansion into Malaysia aligns with Southeast Asia’s promising economic trajectory, with the region projected to be the world’s fourth-largest economy by 2030, following its ranking as the fifth-largest in 2023 with a GDP of USD 3.8 trillion.
Its chairman Sheikh Khaled Zayed Saquer Zayed Al Nahyan said the group aims to be active contributors to the region's growth, helping it become a mahor economic powerhouse.
"Our presence in Malaysia marks another step forward in our journey from local roots in the United Arab Emirates to global expansion.
"As Southeast Asia stands poised to become an economic powerhouse, we are dedicated to becoming stakeholders in this region by contributing to this growth and fostering widespread prosperity," he said in a statement.
Strategically positioned within Southeast Asia, Sheikh said Malaysia offers an ideal environment for BZI’s expansion, for its strong infrastructure, skilled workforce, and established trade relations with neighboring nations.
As part of its strategic expansion, BZI is committed to investing USD 2 billion in Malaysia over the next five years, supporting the nation’s long-term economic ambitions.
Dewan Rakyat Speaker Tan Sri Datuk Dr Johari Abdul said the government looks forward to collaborating with BZI to shape a brighter future under the Madani Economy framework.
"We support BZI’s mission to drive global investments into Malaysia and the broader region. The government looks forward to working with the group in line with the Madani Economy Framework to shape a brighter future for all Malaysians," he said during the grand opening ceremony.
Founded in 1988 by Sheikh Khaled Zayed Saquer Al Nahyan, a member of the UAE royal family, BZI is a global conglomerate with diverse investments across various sectors, including construction, energy, real estate, technology, and finance.
The company’s expansion into Malaysia is the latest chapter in its global growth, following successful ventures in Europe and the Middle East.
The opening of BZI (M) Bhd was celebrated with a two-part event. The day began with an exclusive ribbon-cutting ceremony officiated by Sheikh Khaled Zayed Saquer Zayed Al Nahyan, with his son Sheikh Khalifa Bin Zayed Al Nehayan in attendance.
Also present were Bin Zayed Group Managing Director Sheikh Midhat Kidwai, Bin Zayed International (M) Bhd Managing Director Datuk Seri Dr Shamir Kumar Nandy as well as members of BZI’s Board of Directors and other key personnel.
This was followed by a formal grand opening ceremony in the evening. The gala brought together governmental officials, prominent industry leaders, and foreign dignitaries, highlighting the importance of the firm’s presence in Kuala Lumpur.
Distinguished attendees included His Highness Prince Abdul Hakeem Ibni Jefri Bolkiah of Brunei; Her Excellency Betty Oyella Bigombe, High Commissioner of the Republic of Uganda, and Her Excellency Lada Phumas, Ambassador of Thailand to Malaysia.
Adding star power to the event, renowned film icon Datuk Shah Rukh Khan was among the guests and congratulated BZI on its expansion.
"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 around the world,” he said.