KVG's deal with Al Rayes for its global market expansion

DOHA, April 1 — Taking the lead in the promotion of sustainability using kenaf, Kenaf Venture Global Sdn Bhd says it is collaborating with Al Rayes Group through an MoU.

KVG was represented by its Group Chief Executive Officer (Group CEO), Jazman Shahar Abdollah and its Group Executive Director, Irfan Hadi Jazman Shahar while Al Rayes Group was represented by its Chairman, Sheikh Ahmed Al Rayes.

The event took place in The Ritz-Carlton, Doha with the Ambassador of Malaysia to the state of Qatar, His Excellency Zamshari Shaharan as the witness.
 
“We are pleased to be working with Al Rayes Group in nurturing sustainability through land acquisition for the kenaf plantation and processing line. The partnership can be recognised as a step forward in creating global partnership towards the direction”, says KVG Group CEO, Jazman Shahar.

Why Al Rayes

Under the partnership, KVG will explore kenaf market expansion to the global regions. The collaboration shall also support the land expansion with investment and technical assistance for investments. Through the collaboration, Al Rayes Group will be able to work hand-in-hand with KVG in kenaf expansion across the globe.

Jazman Shahar adds: “We are keen in reaching out to the people all over the world and share the opportunity of life quality enhancement through job offerings”.

The expansion of kenaf plantation will require the local talents to develop the newly-established plantation and kenaf processing line. It is also an initiative to move towards the Industrial Revolution in agriculture as the kenaf cultivation and processing by KVG heavily involves the advancement of technology.

KVG is progressively moving towards decarbonisation and is interested to work with potential stakeholders to realise the goals. Recently, KVG has inked an MoU with the United Nations (UN) under United Nations Office for Disaster Risk Reduction (UNDRR) to nurture sustainability and to move towards decarbonisation.