Press Releases 2014
MATRADE Targets RM400 Million of Projects in Myanmar
WEDNESDAY, MARCH 12, 2014, KUALA LUMPUR: Malaysia External Trade Development Corporation (MATRADE) will be targeting various construction projects for Malaysian companies worth RM400 million in Myanmar. These projects include residential, commercial, industrial parks and mixed development projects such as hotels, office buildings and shopping malls. The owners of these projects, which were identified by MATRADE, are Myanmar government-related agencies and the private sector.
Nine Malaysian construction companies will be joining MATRADE for a Specialised Marketing Mission to Myanmar from 17 – 21 March 2014 to meet the project owners and assess the projects identified. The Malaysian firms represent various construction sector including building construction, property and township development, infrastructure, roads and highways, water-related services as well as consultancy services such as engineering, architecture, project management and specialised research services.
Programs arranged by MATRADE for the Malaysian firms include meetings with project owners and participation in the Myanmar Infrastructure Summit and Exhibition, organised in Yangon, the commercial capital.
Myanmar offers huge business potential and opportunities, especially in the infrastructure and property development sector. Reforms undertaken by Myanmar have impacted positively to its economy and enhance trade and investment flows within the country. There is a surge in demand for modern residential and commercial properties due to the changing lifestyle of the people and influx of foreign investors into the country. In addition, infrastructure development is also given a priority by the government to facilitate the rapid economic activities taking place in the country and improve the social wellbeing of the 60 million Myanmar population.
Malaysian firms are in the best position to contribute to the development of the country due to its proven track record in undertaking various construction and infrastructure projects internationally. This is the second time a Specialised Marketing Mission is organised to Myanmar after the first event in 2013, of which RM330 million worth of projects were identified.
GULFOOD 2014 Opens More Opportunities for Malaysian SMEs
KUALA LUMPUR, MONDAY, 10 MARCH 2014: GULFOOD, one of the biggest annual food and hospitality trade show in Dubai saw Malaysia’s largest participation with 70 companies, including 29 companies making inroads into the market for the first time. This year’s participation generated sales of RM638.9 million and received a total of 19,856 trade enquiries throughout the five day event.
According to MATRADE, Malaysian food products are well accepted and widely available in all major supermarkets in the region. Among the products promoted by companies during GULFOOD this year were palm oil based products, beverages, food ingredients, confectionery, sauces and paste, frozen food and bakery products.
Malaysia’s exports of processed foodstuff to UAE increased from USD 95 million in 2012 to USD 104.5 million in 2013. It is expected that the growth will continue in the coming years. Malaysian food products are widely accepted in this part of the world because of its high quality, variety and halal certification.
Dubai serves as the economic hub for Middle East and one of the largest importers of foodstuff in the region. Dubai imports USD 5.32 billion of food products annually. More than 75% of its imports of foodstuff are for re-export to other Gulf countries. Besides the growing local market, UAE has also established itself as the re-export centre of the Middle East supplying to more than 2 billion people in the region including countries such as Africa, Iran, Iraq, neighbouring Gulf countries, CIS countries, India and Pakistan.
Malaysian Companies Urged Not To Miss MATRADE EXPORTERS FORUM 2014
FRIDAY, MARCH 7, 2014, KUALA LUMPUR: MATRADE will kick-start its series of Exporters Forum 2014 at Menara MATRADE, Kuala Lumpur, on 11 March 2014. The forum, carrying the theme, “Energising Exports†will be officiated by Deputy Minister, Ministry of International Trade & Industry, YB Datuk Ir. Hamim Samuri.
MATRADE in a statement today announced that the Forum, an extension of its Briefing & Consultation programme with Malaysian exporters, will also be held in 9 main cities namely Johor Baharu, Penang, Kota Bharu, Kuantan, Ipoh, Sungai Petani, Seremban, Tawau and Bintulu throughout the year.
The Forum, aimed at enhancing exporters skills and knowledge. Workshops and trade consultation session will be arranged during the forum. In addition, the participants will be benefit from the knowledge sharing of experience by Malaysian companies who have successfully ventured abroad. The programme will also update participants on MATRADE’s activities for the year.
For details on the topics to be presented at the Malaysia Exporters Forum, please log on to: www.matrade.gov.my or kindly contact Mr. Mohd Amin Bakar (03-6207 7636)/ Mdm. Siti Saedah Abu Bakar (03-6207 7642) for participation requirement.
Mid-Tier Companies Development Programme To Benefit Malaysian Exporters
MONDAY, MARCH 10, 2014, KUALA LUMPUR: The Ministry of International Trade & Industry (MITI), through Malaysia External Trade Development Corporation (MATRADE) aspires to accelerate the growth of Malaysia’s Mid-Tier Companies through the Mid-Tier Companies Development Programme (MTCDP). Recognising the economic contributions of these companies, the MTCDP was specifically designed and developed for Mid-Tier Companies (MTCs). MTCs are companies that generate annual revenues of RM50 million to RM500 million for manufacturing sector and RM20 million to RM500 million for services and other sectors.
Through this programme, MTCs will enjoy accelerated growth and global expansion. Participants will have better access to new markets, be introduced to new market segments/customers globally, and receive access to credible financial institutions overseas.
With the recent appointment of MATRADE as the implementing agency, the Government is confident that this programme will develop and nurture these MTCs to become more resilient and competitive regionally, and internationally. This will subsequently contribute to strengthening the Malaysian economy and increase the number of high-income jobs in Malaysia.
A total of 50 high-potential Mid-Tier Companies will be selected at the start of the programme. The programme will develop and nurture 50 new MTCs each year until 2020. Each company will receive support tailored to its specific needs, such as leveraging on a global network of potential business partners, distributors, technology partners, financial institutions, and investors. Participants will also enjoy access to real-time market intelligence and business support tools provided by an international management consultant.
It is targeted that by 2020, the programme is expected to generate at least RM6 billion in Gross National Income (GNI), RM6 billion in exports, and more than 130,000 jobs.
MATRADE is seeking high-potential, high-performing MTCs to participate in this programme. A briefing session will be held by MATRADE to highlight the potential benefits for Malaysian MTCs through participation in the MTC Development Programme. The briefing session will be held from 2.00pm – 4.00pm on 11th March 2014 at Menara MATRADE, Kuala Lumpur. Interested companies are encouraged to attend this briefing session.
For further details, please contact the MTCDP Secretariat Mrs Yuslinawati Mohd Yusof on general line 03-62077077 (Ext 7848) or by E-mail Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya. and Mrs Siti Nur Nafhatun 03-62077077 (Ext 7849) or by E-mail Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya.
Malaysia Participation in FOODEX Japan 2014
MONDAY, MARCH 3, 2014, KUALA LUMPUR: A total of 24 Malaysian exhibitors will be taking part in FOODEX JAPAN 2014 under Malaysia External Trade Development Corporation (MATRADE) from 4 - 7 March 2014 at Makuhari Messe, Chiba, Japan.
Malaysian exhibitors will promote frozen food, palm oil products, confectioneries, sauces and paste, and F&B ingredients. More than 313 business meetings have been arranged by MATRADE for the Malaysian companies during the 4-day event with over 100 potential business partners.
MATRADE is also leveraging on the event to highlight the strength of the Malaysian F&B sector especially in terms of developing and marketing innovative products in particular to meet the changing consumer trend in Japan. According to MATRADE, awareness among the Japanese companies on the growing halal market and need to cater to the growing Muslim tourist arrivals in the country, Japanese companies are looking at diversifying into this business and are keen to explore both the domestic and overseas halal market. For this year’s event, MATRADE has been invited by Japan Management Association (JMA), the organiser of FOODEX to present on Malaysia’s experience in promoting halal products and services at its inaugural "Halal Seminar" which will be held in conjunction with FOODEX 2014.
The growing number of elderly in Japanese population provides opportunities for Malaysian companies to penetrate Japanese market for functional food. In addition, convenient and easy-to-prepare foods are another product category with potential demand. Product categories within this sub-sector include ready and frozen meals, snack bars and meal-replacement drinks.
FOODEX Japan offers the best platform for all sectors of the F&B industry to both showcase and source the products for Japan market and neighboring Asian countries such as Korea, China, and Taiwan. It is an exhibition for Malaysian companies not only to promote their ‘Made in Malaysia’ products but to also increase market visibility in Japan and the international market.
MATRADE has been spearheading Malaysia’s participation in FOODEX Japan for the last 11 years.For FOODEX Japan 2013, a total of 20 Malaysian companies participated and generated RM29.68million in total sales.
