MATRADE Links Malaysian Companies with Battersea Power Station Development Company
Thursday, March 24th, 2016, Kuala Lumpur: Malaysia External Trade Development Corporation (MATRADE) with the support of Sime Darby Property Berhad initiated an International Sourcing Programme (INSP) for Malaysian companies – a move to match them with UK-based Battersea Power Station Development Company (BPSDC).
The INSP which was held recently was organised in conjunction with a visit by BPSDC’s representatives to Malaysia. The company’s visit was to source for Malaysian suppliers of high quality building materials for the Battersea Project in London. The BPSDC team, which was led by its Procurement Manager Mr. Benjamin Forbes, met with 26 Malaysian companies that were identified by MATRADE.
Among the products sourced during the INSP were timber flooring and door, wardrobes and kitchen supply & fit, steel bars, steel tubes and galvanised iron, ceramic floor tiles, ceramic wall tiles, homogeneous tiles, unglazed tiles, sanitary ware, product design & engineering, lighting, building security solutions and furniture.
Prior to this visit, MATRADE had organised a Specialised Marketing Mission (SMM) to the UK in-conjunction with ECOBUILD London held on 7 – 11 March 2016. The 15 Malaysian companies that participated in the SMM had successfully generated RM31.2 million of sales.
The sales came as a result of 100 one-on-one business meetings arranged by MATRADE’s London Office for the Malaysian participants with 50 potential importers in the UK. The delegation had also visited the BPSDC’s base in the UK to discuss the procurement needs for its project and opportunities for more Malaysian suppliers to contribute to the development of the Battersea Power Station. This discussion had eventually led to BPSDC’s visit to Kuala Lumpur.
The Battersea Project involves the development of a 39-acre Battersea Power Station in London, led by a consortium of three Malaysian companies -- SP Setia, Sime Darby and the Employees Provident Fund. The project is undertaken by a British-based company, BPSDC and is expected to lead to the creation of 3,500 new homes, shops, cafés, restaurants and offices, establishment of a new 6-acre riverside park with the fully restored Power Station at its heart to be open for the public. The project is divided into seven phases and is slated for completion by 2026.
