54 TOWARDS THE FUTURE OF SUSTAINABLE EXPORTS As part of its efforts to promote Malaysian biomass products, MATRADE successfully conducted a virtual INSP for East Asia Biomass (Bio-based) 2022. Throughout the nine-month programme, MATRADE facilitated a total of 26 business matching sessions, connecting 11 importing companies with 21 Malaysian biomass companies. These interactions generated a significant potential sales value of RM102,070,777.50. Importers primarily hailed from Japan, China, and the Republic of Korea (ROK). Notably, several biomass products experienced high demand during the program, including palm kernel shell pellets, palm kernel shells, charcoal, and oleochemicals. These products showcased Malaysia’s capabilities and competitiveness in the biomass sector. International Sourcing Programme (INSP) Biomass Northeast Asia 2022 Kuala Lumpur, Malaysia 1 Apr – 31 Dec 2022 MATRADE’s participation in IGEM 2022 as the official business matching partner for the 12th consecutive year highlights the collaborative efforts with the Malaysia Green Technology and Climate Change Corporation (MGTC). This joint initiative reinforces MATRADE’s vital role as the national trade promotion agency, providing support and assistance to Malaysian exporters in expanding their presence in global markets, specifically in the green technology and renewable energy sectors. From January 1 to December 31, 2022, the hybrid INSP received registrations and trade inquiries through six MATRADE offices located in Miami, Manila, Bangkok, Mumbai, Yangon, and Los Angeles. Throughout the programme, 14 business meetings or matching sessions were arranged, involving the participation of 10 foreign buyers and 14 Malaysian companies. These interactions resulted in a potential sales value of RM115,249,137.75. Notably, solar panel integration systems, floating solar waste-to-energy solutions, and green industrial chemicals emerged as highly sought-after products and services. International Sourcing Programme (INSP) in conjunction with International Greentech & Eco Products Exhibition & Conference Malaysia (IGEM) Kuala Lumpur, Malaysia 1 Jan - 31 Dec 2022 meetings 14 11buyers matches 26 11companies
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