MATRADE's Statement on Budget 2019

FRIDAY, NOVEMBER 2, 2018, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) will boost and add value its collaboration with stakeholders in key industries emphasised in Budget 2019 namely aerospace, halal, e-Commerce, logistics, creative sector and services.

Budget 2019 gave a strong focus on capacity building for Malaysian SMEs and Mid-Tier Companies, in particular women-owned and youth-owned businesses. In line with this, MATRADE will further enhance its various trade promotion initiatives and encourage joint efforts by government agencies and the private sector. This is pivotal in promoting Malaysian companies’ global expansion and ensuring a systematic coordination of trade promotion efforts.

As Malaysia’s national trade promotion organisation, MATRADE welcomes the Government’s announcement to encourage the adoption of Industry 4.0 among the Malaysian companies. We believe this will not only enhance their productivity but competitiveness too, enabling them to compete in the global market.

With various pro-business policies announced in the Budget 2019, MATRADE is confident that it will be able to provide greater value added services to the Malaysian exporters community so that the country’s economic and trade targets are met.

Updated by Corporate Communication Unit

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