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 This email address is being protected from spambots. You need JavaScript enabled to view it. and Mrs Siti Nur Nafhatun 03-62077077 (Ext 7849) or by E-mail This email address is being protected from spambots. You need JavaScript enabled to view it.
