ID :
91132
Mon, 11/23/2009 - 17:41
Auther :
Shortlink :
https://oananews.org//node/91132
The shortlink copeid
INTRADE MALAYSIA 2009 RAKES IN MORE THAN US$1 BLN POTENTIAL SALES
KUALA LUMPUR, Nov 23 (Bernama) -- The recently concluded 3rd International
Trade Malaysia Exhibition (INTRADE Malaysia 2009) raked in potential record
sales of RM4.22 billion (US$1.2 billion) for Malaysian manufacturers and
exporters.
It was the best result achieved since the INTRADE's inception in 2007.
Actual sales recorded amounted to RM417 million (US$122.64 billion), almost
double the value of the previous year, according to a statement from Malaysia
External Trade Development Corporation (MATRADE).
The potential sales reported were based on feedback received from foreign
buyers who participated in the two-day annual Incoming Buying Mission (IBM)
programme, organised by MATRADE, concurrently with the exhibition from Nov
10-12.
According to MATRADE's chief executive officer Noharuddin Nordin, the
potential sales of RM4.22 billion from INTRADE Malaysia 2009 was beyond the RM2
billion (US$0.58 billion) target set by the organisation for this year in view
of the global economic slowdown.
He said the potential sales was also a significant increase of 61.5 per cent
over the RM2.6 billion ((US$0.76 billion) iposted last year.
"The positive feedback from foreign buyers reaffirmed the importance of
Malaysia as a reliable trading nation and being the regional hub to serve
the needs of the global business community," he added.
According to Noharuddin, this bodes well for the country and should be a
major boost in making Malaysian manufacturers and exporters understand that,
opportunities abound despite the current economic sentiment.
Among the major sectors that recorded strong sales prospects were automotive
parts and components, prepared food and beverages, palm oil products,
toiletries, cosmetics and household products, building materials and rubber
products, especially rubber gloves.
The top purchasing nations were Thailand, Korea, Vietnam, Hong Kong, China,
Saudi Arabia and Australia.
A total of 867 Malaysian companies and exporters participated in the IBM
programme with MATRADE organising more than 8,000 one-on-one business matching
meetings with 609 foreign buyers from around the world.
INTRADE Malaysia 2009 attracted more than 340 exhibitors from 25 countries
and recorded more than 7,000 local and international trade visitors.
-- BERNAMA
Trade Malaysia Exhibition (INTRADE Malaysia 2009) raked in potential record
sales of RM4.22 billion (US$1.2 billion) for Malaysian manufacturers and
exporters.
It was the best result achieved since the INTRADE's inception in 2007.
Actual sales recorded amounted to RM417 million (US$122.64 billion), almost
double the value of the previous year, according to a statement from Malaysia
External Trade Development Corporation (MATRADE).
The potential sales reported were based on feedback received from foreign
buyers who participated in the two-day annual Incoming Buying Mission (IBM)
programme, organised by MATRADE, concurrently with the exhibition from Nov
10-12.
According to MATRADE's chief executive officer Noharuddin Nordin, the
potential sales of RM4.22 billion from INTRADE Malaysia 2009 was beyond the RM2
billion (US$0.58 billion) target set by the organisation for this year in view
of the global economic slowdown.
He said the potential sales was also a significant increase of 61.5 per cent
over the RM2.6 billion ((US$0.76 billion) iposted last year.
"The positive feedback from foreign buyers reaffirmed the importance of
Malaysia as a reliable trading nation and being the regional hub to serve
the needs of the global business community," he added.
According to Noharuddin, this bodes well for the country and should be a
major boost in making Malaysian manufacturers and exporters understand that,
opportunities abound despite the current economic sentiment.
Among the major sectors that recorded strong sales prospects were automotive
parts and components, prepared food and beverages, palm oil products,
toiletries, cosmetics and household products, building materials and rubber
products, especially rubber gloves.
The top purchasing nations were Thailand, Korea, Vietnam, Hong Kong, China,
Saudi Arabia and Australia.
A total of 867 Malaysian companies and exporters participated in the IBM
programme with MATRADE organising more than 8,000 one-on-one business matching
meetings with 609 foreign buyers from around the world.
INTRADE Malaysia 2009 attracted more than 340 exhibitors from 25 countries
and recorded more than 7,000 local and international trade visitors.
-- BERNAMA
