MATRADE MISSION IDENTIFIES US$28.8 MILLION IN VIETNAMESE CONSTRUCTION PROJECTS

KUALA LUMPUR, Aug 27 (Bernama) -- The Malaysia External Trade Development
Corporation (MATRADE)'s recent marketing mission to Vietnam has identified
RM102 million (US$28.8 million) in potential construction business.

The mission identified potential business in the construction of resorts,
residential, commercial buildings, highways, maintenance and repair services
and, tiling works.

MATRADE Chief Executive Officer Noharuddin Nordin said, " We are very
confident that many of the identified construction projects will be translated
into actual deals although the global construction sector is experiencing
significant slowdown.

" But Vietnam remains a significant beacon of opportunity for Malaysian
construction companies".

Private sector participants in the mission included those from the
construction and professional services sector such as civil engineering,
formwork designs and systems, structural enhancement, maintenance and
waterproofing services, architectural services, interior design, construction
and legal consultancy and, wall and floor tiles installation services.

Currently, Malaysian contractors are already actively involved in the
several construction projects in Vietnam including the Quang Tri Airport, My
Thuy Deep Sea Port, Dong Ha Railway, Hanoi Yen So Park and the Hanoi Waste Water
Treatment plant.

MATRADE mounted the specialised marketing mission to Danang City and Hanoi,
Vietnam, between Aug 17 and Aug 21, to provide an effective platform for the
Vietnamese business community to know more about the capabilities and
international track record of Malaysian companies.

Members of the mission had direct business discussions with their Vietnamese
counterparts through 73 one-on-one business meetings.
-- BERNAMA