He told The Malaysian News Agency that because both countries had long coastlines, they could develop an aquaculture industry.
"Norwegian companies have come up with many innovative technologies with a strong focus on sustainability, and I am convinced Malaysian and Norwegian expertise in this field have a lot to exchange," he said in his speech at the Malaysia-Norway Business Seminar.
Prince Magnus said that besides aquaculture, defence, tunnelling and the petroleum industry had great potential in the bilateral economic relations between the two countries.
He said there was excellent cooperation between both governments and between Petronas and Norwegian companies within the oil and gas sectors, as the petroleum industry had traditionally been the most important pillar in bilateral relations.
It is the Crown Prince's first visit to Malaysia, on behalf of his father, King Harald V, to enhance bilateral relations and strengthen business cooperation.
Prince Magnus said he was impressed with the warm welcome they received since they arrived in Kuala Lumpur.
"We have been very much looking forward to our first trip to Malaysia, and our expectations have so far been more than fulfilled," he said.
Potential For Aquaculture Partnership
MALAYSIA & NORWAY - Crown Prince Haakon Magnus of Norway believes that Malaysia and Norway have significant potential for cooperation in aquaculture.
