PETALING JAYA: DXN Holdings Bhd signed a memorandum of understanding (MoU) with Venezuela’s La Guaira Special Economic Zone (La Guaira SEZ) on Nov 9 to explore potential investment and business opportunities in sustainable agriculture, aquaculture, agro-processing and manufacturing.
The MoU also covers cooperation to support the development of a halal ecosystem in Venezuela.
Group CEO Prajith Pavithran said: “At DXN, we believe good products begin at the source, with the soil, the farmer and the harvest. Working with La Guaira SEZ gives us a way to assess new sources of raw materials and explore how local processing could support our Latin American operations. We also see an opportunity to share our experience in Malaysia’s halal industry with the relevant Venezuelan authorities.”
