Malaysia External Trade Development Corporation

TUESDAY, September 22, 2015, Kuala Lumpur: Malaysia External Trade Development Corporation (MATRADE), in collaboration with the Construction Industry Development Board (CIDB) Malaysia, had successfully organised a business matching session for 48 Malaysian companies in conjunction with the International Construction Week (ICW) held recently at the Putra World Trade Centre (PWTC), Kuala Lumpur. The business meeting session is part of MATRADE’s key trade promotion activities under the Incoming Buying Mission (IBM) programme.

A total of 24 business representatives from Cambodia, Kenya, Pakistan, Vietnam, Japan, Myanmar, Trinidad & Tobago and USA participated in the session. The types of services and products sourced by these foreign buyers include road construction expertise, engineering consultancy services, architectural design services, road marking equipment and construction material. Other products and services sourced were unified flexi clays, doors and door skins, wall panels, water proofing cements, water heaters, metal roof and structural products, decorative wall papers, adhesive and sealant, water proofing, wire mesh, chain links and office furniture as well as LED Lights for roads and highways.

Following the 131 business meetings arranged by MATRADE, projects and supply of services & products are valued at RM3.47 billion and are currently being ironed out by Malaysian companies.

ICW is the largest and the most important annual event for construction covering the full spectrum of construction industry across Malaysia and South East Asia. The event brings together construction industry players under one roof to showcase, learn, build partnerships and share innovative ideas. Apart from Malaysia’s key industry players showcasing the products and services include the UK, China, Taiwan, Japan, Australia and Singapore.

This year was MATRADE’s second year organising the business matching session in conjunction of ICW 2015. In IBM-ICW 2014 participation, MATRADE had hosted 15 foreign buyers to the event from Japan, United Kingdom, Saudi Arabia, Qatar, India and Hong Kong. Amongst the services sourced included consultancy and project management, planning for commercial and housing development as well as road construction.

MATRADE as the Malaysia’s Trade Promotion Organisation (TPO) continues to build awareness of Malaysia’s capabilities in the construction industry through many activities such as the IBM, Specialised Marketing Mission (SMM) and Joint Trade Promotion activities, among many others. Throughout 2015, a total of 116 trade promotion activities are being carried out in 46 countries in many high value sectors namely construction, oil & gas, electrical & electronics, aerospace, medical devices and health services, just to name a few.