M'SIAN AUTO FIRMS SECURE US$3.1 MLN SALES AT INDONESIAN TRADE MISSION

KUALA LUMPUR, Nov 9 (Bernama) -- Some RM10.9 million (US$3.1 million) worth
of orders were secured by 13 Malaysian automotive companies that took part in
the specialised marketing mission to Jakarta, Indonesia from Oct 18 to 21.

Organised by the Malaysia External Trade Development Corporation (MATRADE),
an additional potential sales of RM31.25 million (US$8.9 million) were also
reported.

MATRADE said the orders were for automotive gaskets, car accessories, car
horn systems, car safety locking systems, electronic aerials, electronic
lighting control devices, metal stampings, plastic injection mouldings and alloy
wheel rims.

"The Indonesian automotive market provides a substantial export base for
Malaysian companies to work on, especially in the areas of design, electronic
parts, precision rubber parts and new technology, where Malaysian manufacturers
have a comparative advantage," it said in a statement.

Aimed at encouraging synergies among industry players of both countries,
the mission was organised as a result of the stimulus packages announced
recently to facilitate Malaysian automotive sector to expand their market
overseas particularly in Indonesia.
-- BERNAMA