An Interview with
M. Harilela Global Investments Ltd.
M. Harilela Global Investments Ltd. (MHGI) looks at early-stage emerging industries. From sustainable property development in Songdo S. Korea, imported bottled water from Hawaiian's most sustainable water resource, plastic recycling initiatives in Hong Kong, solar energy in Japan, Blockchain and ICO in Hong Kong, Clean Technology in Singapore, and medicinal agriculture in Asia. We initiate these businesses and cultivate interest, and in some cases, look for partnerships in these areas.
23 October 2019
Tell us about your background, and how you came to found your company?
Mr. Harilela has an entrepreneurial spirit. He has been involved in creating developing companies in Trading, Brand Development, and Renewable Energy Infrastructure, cleantech, and blockchain. He currently sits on the Board of Directors as Chairman & CEO, Chairman of M. Harilela Global Investments Ltd., acting Honorary Vice Consul for The Republic of Maldives in Hong Kong and lastly, Chairman for King George V School’s Strategic Development Committee.
What is most important to you and your organization – mission, vision, or core values? Why?
Mr. Harilela believes in Social and Environmental business investments. He believes in businesses that address social and community development and empowerment. He has seen far too many businesses that focus on profit without addressing solutions. The businesses that use green marketing and social sustainability terms that have no real structure or development are not only short-lived and a veiled attempt at exploitation. Businesses are meant to add value. While propositions are varied, there are real deliverables that are truly sustainable when both business and community benefit.
Can you explain briefly how your service(s)/product(s) works?
Our solar power farms in Japan have a capacity of 150 Megawatts that provide clean energy for the next 20yrs. That's 20yrs without fossil fuel and CO2 emissions.
Another is our Singapore venture which uses 50% less energy than existing incumbent's products, generates fresh potable water from the atmosphere, whilst reducing CO2 emissions by 90%.
How has the industry been changing in recent years?
We have been working in the environmental business arena for 10yrs. There have been significant changes in technology, however, the mindsets of investors and/or implementation have been slow. Breakthrough companies like TESLA have opened these opportunities.
What makes you different from what’s currently available in the market?
It's about addressing needs, identifying best fits, and looking for attentive capital. We look for parties that have similar ideologies where strategies can be developed to address these needs. Every opportunity is different and therefore strategies have to be adaptive and responsive to changes.
Leadership is important while addressing the importance of Time To Market initiatives.
What does the future hold for your company?
We are extremely optimistic about market conditions in the areas that our business ventures are either vested or stepping into new ventures. We have been true to our philosophies in identifying opportunities available and manage relationships with respect and ensure that solutions are always available.