ID :
45299
Thu, 02/12/2009 - 15:42
Auther :

MALAYSIAN FIRMS GET US$1.6 MLN CONFIRMED ORDERS

From Abdul Muin Majid
DUBAI, Feb 12 (Bernama) -- Thirteen Malaysian companies had received
confirmed orders of US$1.6 million (US$1=RM3.57) as well as US$5.5 million in
potential sales at the recently-concluded "Arab Health 2009" here.

Malaysian trade commissioner in the United Arab Emirates (UAE), Noraslan
Hadi Abdul Kadir, said at least three of the Malaysian firms indicated that they
were in the final stages of negotiations with several prospective importing
agents in the UAE that would cover the Middle East.

Billed as Middle East's largest healthcare show, Arab Health 2009 was held
at the Dubai International Exhibition Centre from Jan 26 to 29.
"
During the trade show, Malaysian companies received visitors from Bahrain,
Qatar, Egypt, Lebanon, Oman, Iran, Turkey, Sudan, Saudi Arabia, Iraq and
others," Noraslan Hadi told Bernama on the outcome of the show in which the
firms participated under the umbrella of the Malaysia External Trade Development
Corp.

Noraslan Hadi said among the products that had big potential were surgical
and latex gloves, medical syringes, pharmaceutical products, medical furniture
and equipment, rubber products, health and personal care products as well as
herbal products.

With over 2,300 companies from more than 65 countries as well as 30
national pavilions, over 25,000 trade visitors attended the exhibition and
conference.

The market for healthcare products and services in the Arab region is
comparable to that of any developed part of the world and the healthcare sector
has not yet shown any sign of being affected by the global credit crunch.

According to an industry estimate, the healthcare market in the region was
worth around US$74 billion.

"In fact, by 2025 the Middle East is expected to spend over US$60 billion
on new healthcare facilities," said Noraslan Hadi.

He said as UAE was eyeing to become the hub for healthcare services in the
region, many renowned companies worldwide had set up shop at the Dubai
Healthcare City, a US$1.8 billion project launched by the Dubai government in
2004.

-- BERNAMA


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