News From : DagangHalal.com (25 Mar 2010)
KUALA LUMPUR, March 24 (Bernama) — A recent delegation of British and Turkish companies on a buying mission to Malaysia has resulted in them placing orders valued at US$1.82 million (about RM6 million) with Malaysian companies for various locally made products.
An additional US$16.35 million (about RM54 million) in potential sales were also identified by the delegation representing nine companies, led by the UK-based British-Turkish Business Association.
Among the products sourced by delegation members included confectionery, cooking oil, energy saving products, furnishing and upholstery fabrics, gift items, recycled energy waste solutions and textiles, the Malaysia External Trade Development Corporation (Matrade) said in a statement today.
The visit on March 3 saw 39 business meetings being held, organised by Matrade.
“The delegation members were satisfied with the outcomes of their business meetings with Malaysian companies and indicated their interest in coming back to Malaysia, particularly for Matrade’s key buying events such as the Seventh Malaysia International Halal Showcase on June 23-27 and Intrade Malaysia 2010 on Nov 9-11.
“A number of the delegation members stated that they had already arranged to make future business visits to the manufacturing facilities of selected Malaysian companies,” Matrade said.
The statement quoted Matrade Chief Executive Officer Datuk Noharuddin Nordin as saying that the success of this buying mission was positive indication that European companies were already gearing themselves for renewed growth and consumer demand in 2010 and beyond.
“This bodes well for Malaysian exporters, and Matrade will be strengthening its efforts to attract other European business and trade associations to undertake similar sourcing and purchasing missions to Malaysia in the near future,” he said.