Press Releases 2016
MAIA to Promote Integration of Malaysia's Aerospace Industry Players
Monday, March 28th, 2016, Kuala Lumpur: Malaysia External Trade Development Trade Corporation (MATRADE) in a statement announced the launch of Malaysia Aerospace Industry Association (MAIA) today as an initiative to promote the integration of Malaysia's aerospace players. This initiative is key to delivering the industry insights to policy makers in driving the sector to greater heights.
The launch, which was officiated by YB Dato' Sri Mustapa Mohamed, Minister of International Trade and Industry (MITI), is aimed at strengthening Malaysia's position in the global market and to develop its status as the aerospace hub in Asia, particularly in the ASEAN region. MATRADE as the national export promotion agency will play a main role as the association's lead facilitator.
The association was established as a non-governmental organisation and functions to support and represent the voice of all Malaysian companies in the aerospace sector. Other objectives of MAIA include assisting Malaysian businesses to grow and access into new markets, providing services and networking for industry members and championing the aerospace industry's interest with focus on public policy development.
MAIA will be led by Mr Naguib Mohd Nor, the Chief Executive Officer of Strand Aerospace Malaysia Sdn Bhd who will be the association's pro-tem president.
The pro-tem committee of MAIA comprises top management of member companies who are entrusted to draw the guidelines for the group with an emphasis on capacity development and international market penetration.
MAIA's establishment is also an initiative to assist the National Aerospace Industry Coordinating Office (NAICO) which is spearheaded by MITI in overseeing the implementation of the Malaysian Aerospace Industry Blueprint 2030, growth of the aerospace ecosystem and its infrastructure as well as the participation of local Small and Medium Enterprises (SMEs) in the aerospace industry.
MAIA will represent Malaysian companies of all sizes in the aerospace-related civil, defense and space industries. This include its sub-segments namely aerospace manufacturing, aerospace design engineering, avionics & systems integration, maintenance, repair and overhaul (MRO) and aerospace training & education.
The launch of MAIA was attended by 101 representatives from 53 companies and 25 representatives from 10 Ministries and Agencies.
Malaysia, in moving towards a developed nation status, is putting all it forces in place to drive the local aerospace industry as a high-value sector for the country. The total revenue generated from the Malaysia's aerospace industry has grown tremendously from a mere RM0.9 billion in 1998 to RM11.8 billion in 2014.
In terms of size, MRO remains the largest contributor to the aerospace industry revenue accounting for 55 per cent of revenue share. This is followed by aero-manufacturing which makes up 33 per cent of the industry revenue. In the Malaysian Aerospace Industry Blueprint 2030, five focus areas have been identified -- MRO, aero-manufacturing, systems integration, engineering design services and education and training.
In 2015, Malaysia's exports of aerospace products recorded a significant increase of 44.7 per cent, to RM4.2 billion from RM2.9 billion in 2014. Meanwhile, imports had decreased by 33.5 per cent to RM10 billion from RM15.1 billion in 2014.
There are more than 150 aerospace companies in Malaysia and last year the investments in the aerospace industry had reached RM4.7 billion. The industry has also provided 20,000 jobs -- mostly in the small and medium-sized enterprises.
South Africa Featured as Guest Country at MIHAS 2016
Saturday, March 26th, 2016, Kuala Lumpur: Malaysia External Trade Development Corporation (MATRADE) in a statement announced that South Africa will be the Guest Country at the Malaysia International Halal Showcase 2016 (MIHAS 2016) slated from 30 March till 2 April 2016.
South Africa is one the 15 non-Muslim majority countries participating in the 13th edition of the event. Others include Brazil, Bulgaria, Vietnam, Romania, France, New Zealand, China, Taiwan, Japan, Thailand, India, Singapore, South Korea and United States.
“Many non-Muslim countries have recognised the potential of this industry and are now trying to gain traction in the global Halal market,â€said Dato’ Dzulkifli Mahmud, Chief Executive Officer of MATRADE.
“MIHAS is always working towards diversity and bringing more choices into the market. As such, we are extremely pleased to have South Africa as our Guest Country this year and we look forward to the rich South African flavours for the world to experience at the event. We are confident South Africa’s participation in MIHAS 2016 will help boost trade and investment opportunities for Malaysia and South Africa in the Halal sector,†he added.
Apart from developing Malaysia as a hub for the world’s Halal industry, MIHAS 2016 is also part of MATRADE’s efforts to forge closer trade ties with foreign countries. This year, MIHAS has partnered with the Department of Trade and Industry of South Africa to further strengthen the trade relations between both the countries. As the Guest Country, South Africa will be exhibiting their Halal food and beverages as well as skincare products at MIHAS 2016.
South Africa has a vibrant Halal market driven by more than 500 Halal certified companies. The Halal certificates are issued by any one of the three main Halal authorities in South Africa namely the South African National Halal Authority (SANHA), National Independent Halal Trust (NIHT) and the Islamic Council of South Africa (ICSA).
According to Vickesh P Maharaj, Deputy-Head of Mission of South Africa to Malaysia,“South Africa is emerging as one of the leading nations in Halal certification and as the Guest Country of MIHAS, we have an opportunity to exchange experiences.â€
South African Muslims have a relatively high purchasing power compared to the rest of the population and spend about 25 to 30 per cent of their total income on food. The Halal food market continues to build its momentum across the global food supply chain and South Africa is determined not to miss out on the business opportunities withinthe ASEAN region. The country’s involvement in MIHAS 2016 reflects its move in making Malaysia the gateway into the ASEAN region.
MIHAS 2016 is parked under the World Halal Week (WHW) 2016 and is scheduled to be held from 30th March to 2nd April 2016 at the Kuala Lumpur Convention Centre (KLCC), Malaysia.
The annual event offers a trade fair showcasing local and international companies supplying various products and services such as Halal consumables, Non-food products & services, food packaging, machinery& catering equipment, Islamic investment, banking and Takaful. A total of 640 booths will be set upand over 25,000 visitors are expected to attend the event.
Malaysian Firms Rake in Positive Export Sales at Gulfood 2016 in Dubai
Saturday, March 19th, 2016, Kuala Lumpur: A total of 65 Malaysian companies concluded their participation at Gulfood 2016 recently with total sales of RM556.42 million being registered throughout the five-day event. Gulfood 2016 which took place at Dubai International Convention & Exhibition Centre (DIDEC) Dubai, was spearheaded by Malaysia External Trade Development Corporation (MATRADE).
This year marked Malaysia’s 12th participation in Gulfood and throughout the years, the event has offered Malaysian companies a platform to showcase a wide variety of food and beverages (F&B) products such as confectioneries, food ingredients, sauces and paste, ready-to-eat meals, frozen food items and palm oil products.
The outcome of Malaysia’s participation in Gulfood remains bullish amid the low crude oil prices affecting the region. During the event, Malaysian companies received a total of 7,544 trade enquiries from various potential buyers ranging from food distributors, procurement centres from within the United Arab Emirates, the neighbouring Gulf countries, the Middle East, the Sub-Continent countries, Central Asia as well as Africa. This year’s event was attended by more than 5,000 exhibitors from over 120 countries.
While newcomers were able to establish new contacts to secure orders, the repeat participants had utilised their involvement to launch their new innovative halal F&B products and renew export orders from existing clients as well as strengthen their brand presence in the market.
For over a decade, MATRADE has been entrusted to lead the participation of competitive and innovative Malaysian F&B companies in the event. Complementing the participation of the companies, MATRADE had also brought together a number of Government agencies such the Federal Agricultural Marketing Authority (FAMA) and the Malaysian Palm Oil Council (MPOC). Both agencies used the platform to promote the cluster of industries under their purview.
According to the regional financial advisory entity, Alpen Capital in its Gulf Corporation Council (GCC) Food Industry Report, the region’s packaged food market will continue to boom due to the rising demand for healthy and international food from a growing base of expatriates as well as young consumers. Halal food imports into the GCC region are expected to double from US$25.8 billion in 2010 to US$53.1 billion by 2020, registering a 7.5 percent compounded annual growth rate (CAGR). Another similar entity, Al Masah Capital has also noted that the GCC food service market was valued US$18.8 billion in 2014 and is projected to grow at a CAGR of 6.8 per cent to reach US$24.5 billion by 2018.
Gulfood can be dubbed as one of the largest specialised food, beverages and equipment show in the world. Focusing on the global HALAL market, Gulfood is an ideal avenue for Malaysian companies to not only promote their halal ‘Made in Malaysia’ products but to also increase their market visibility in the Gulf region, Sub-Continent countries as well as Africa.
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.
MATRADE Organises INSP in Conjunction with OTC Asia 2016
Friday, March 18th, 2016, Kuala Lumpur: Malaysia External Trade Development Corporation (MATRADE) will be organising its signature business matching session -- the International Sourcing Programme (INSP) in conjunction with the Offshore Technology Conference Asia (OTC Asia) 2016 next week.
The INSP will take place from the 22 to 23 March 2016 at Istana Hotel and KLCC respectively. The business matching programme will bring together 29 companies from 12 countries to Kuala Lumpur. The countries attending the INSP are from the ASEAN nations, Gulf Corporation Council (GCC) countries, Africa as well as from the South Asian region. The programme will serve as a cost-effective vehicle for Malaysian companies to connect with international buyers and allow them the opportunity to meet and discuss trade opportunities through the one-on-one pre-arranged business meetings coordinated by MATRADE.
Local companies to take part in the INSP provide a wide range of products, technologies and services such as corrosion insulation, modular system, integrated engineering services, logistic solutions, design consultancy, environmental solution, offshore safety solutions provider and marine safety, protection and rehabilitation system, intelligent circulation, drilling equipment and services, offshore and onshore pipeline testing, flare burner system and System Integrator for National Instrument.
This year, Kuala Lumpur will be hosting the second edition of OTC Asia 2016. The event will be organised by the Society of Petroleum Engineers (SPE) and hosted by PETRONAS. This will be MATRADE’s second participation in the event. The objective of MATRADE’s participation in OTC Asia which is held biennially is to promote Malaysia’s Oil & Gas Industry as well as to expose Malaysian business community on trade opportunities in the oil & gas industry.
OTC was founded in 1969 and since then, the event is held annually in Houston and has expanded globally into other editions such as the Arctic Technology Conference, OTC Brasil and OTC Asia. During its inauguration in 2014, OTC Asia has attracted more than 25,000 industry professionals from 88 countries around the globe.
With the theme "Excellence in Asia", OTC Asia 2016 reflects the region's position as a global provider of technology where cultural and geographical diversity foster collaboration and innovation. OTC Asia 2016 will showcase Asia's achievements, its aspirations, and the important technological developments that the region needs, to stay robust and resilient in the shifting global energy market.
MATRADE hopes its initiative to organise the INSP will further improve market access for Malaysian companies amid the current challenging economic landscape particularly in the oil and gas industry. The INSP, previously called Incoming Buying Mission, helps Malaysian players to meet potential buyers from around the world in their home ground. This effort is considered an ideal and cost-effective platform for the local companies to venture globally.
Malaysian companies are encouraged to take the opportunity during the presence of high profile oil and gas companies in this INSP and expand their global market share and explore any potential of joint-ventures.
MATRADE as Malaysia’s export promotion agency, is dedicated to building more global household names from Malaysia for the world. Malaysian companies wishing to enter the overseas markets are advised to contact MATRADE and utilise its 46 international trade offices around the globe. For more details email to Alamat emel ini dilindungi dari Spambot. Anda perlu hidupkan JavaScript untuk melihatnya..
