LANGKAWI: – The ASEAN Valuers’ Association (AVA) can promote their profession as a way to open up more economic opportunities in the region,says Kedah Menteri Besar Datuk Seri Mukhriz Tun Mahathir. He said AVA can open up opportunities to gain knowledge, skills as well as provide job opportunities particularly in infrastructure, manufacturing and agriculture.

Speaking at the opening of the 19th AVA Pre-Congress Meeting here today, he said rapid economic development required further development in the valuation profession as the new market economy needed wider range of reforms to ensure integrity, independence and transparency in valuations.

He said this could only be achieved if practitioners applied common standards which were mutually recognised and accepted by investors, member countries and international clients. “AVA can create a platform for networking, sharing ideas and facilitate the understanding of regional real estate markets and cross border transactions,” he added. -- BERNAMA