MATRADE's EAM To Promote Malaysian Construction Capabilities In India

KUALA LUMPUR, Dec 14 (Bernama) – The Malaysia External Trade Development Corporation (MATRADE) is organising its export promotion initiative, the Export Acceleration Mission (EAM), in New Delhi, India to promote Malaysian capabilities in construction and building materials. In a statement Friday, MATRADE said the mission features pre-arranged business meetings between Malaysian companies with potential clients, a briefing by KPMG New Delhi on insights of doing business in India and site visits to related associations and retailers in India. “Such business-to-business matching is considered the most effective platform for Malaysian companies to secure export sales,” said Construction and Business Services Section Director Datin Rusiah Mohamed. Held in conjunction with one of India’s top trade fairs, ACETECH New Delhi, MATRADE said the EAM is an ideal platform for Malaysian companies to introduce their products or services to buyers from around the region. The mission takes place from Dec 11-17, involving 13 companies. “Malaysian companies need to start exploring opportunities in India as the Indian government is currently aggressively developing the country’s infrastructure. “One of the projects that Malaysian companies can tap on is the Bharatmala, which is a road and highway project by the Indian government. This is the best time to offer Malaysian expertise and quality products,” said Rusiah. The construction and building materials sector is among Malaysia’s key export areas. In 2017, the construction industry’s total exports was valued at RM4.07 billion while building materials total export stood at RM29.77 billion. MATRADE has over 46 global trade offices that serve as a link for local companies to meet with potential buyers, helping the companies understand foreign markets, export rules and regulations as well as facilitating the companies’ export requirements. -- BERNAMA