Home » Victoria Keen On Malaysia As Springboard Into Region

Victoria Keen On Malaysia As Springboard Into Region

News From : DagangHalal.com (06 Oct 2009)

KUALA LUMPUR, Oct 6 (Bernama) — Australia’s Victorian state government is keen to make Malaysia as a springboard into Southeast Asia by leveraging on good relationships as well as the country’s highly skilled human resources.

Victorian Minister for Regional and Rural Development, Skills and Workforce Participation, Jacinta Allan, said the opening of its Government Business Office here today was timely to further strengthen relationships.

“Victoria and Malaysia share a common interest in advanced manufacturing industries that emphasise on design, particularly automotive, medical devices, precision instrumentation and aerospace,” she told reporters at the launch.

“We particularly have good collaboration in tourism and education,” she said.

Kuala Lumpur marked the 12th office, adding to those in London, New York, Chicago, San Francisco, Dubai, Tokyo, Frankfurt, Shanghai, Hong Kong, Nanjing and Bangalore.

Victorian government commissioner for Southeast Asia, Tim Dillon, said Malaysia could also tap niche areas like the provision of halal products.

“Australia has a Muslim population of about 350,000 and Victorian food and beverage producers are positioning themselves to cater for this market domestically and internationally,” he said.

In terms of food and beverages, the state contributed about 13 per cent of the world’s dairy products, offering potential for Malaysian companies to explore.

Dillon said the new office would organise trade missions for Victorian companies to come to Malaysia and look at trade opportunities in the country as well as around the region.

Victoria, located in southeast Australia, occupies only three per cent of the country land mass but makes up 25 per cent of the country’s economy.

Malaysia is currently the state’s ninth largest import source and ninth largest export destination for merchandise goods.

In terms of foreign direct investment into Australia, Malaysian companies invested about A$5 billion last year.

— BERNAMA

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