BUSINESS

MATRADE TO EXPLORE PROSPECTS IN OCEANIA REGION

22/06/2019 03:23 PM

KUALA LUMPUR, June 22 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is ramping up its efforts to find new emerging markets for Malaysian exporters by exploring the Oceania region through an Export Acceleration Mission (EAM) to New Zealand and Fiji from June 23-28, 2019.

The EAM will be participated by 28 Malaysian companies offering various products and services in sectors such as construction services and building materials, food and beverages, halal, lifestyle, information and communications technology, personal care products and cosmetics, medical and health products, as well as machinery and equipment.

“Although New Zealand is an agricultural exporting country, there are opportunities for us to export high quality halal products to meet the demand of the growing Muslim population there.

“New Zealand also offers prospects in the construction sector and we see a lot of possibilities for Malaysian companies to provide building materials and construction services for the market.

“Similarly for Fiji, there are also various opportunities for Malaysian companies. This is the first time that MATRADE is organising an export mission to Fiji. The country currently records an economic growth rate of 3.8 per cent annually, higher than other countries in the region,” said MATRADE director for ASEAN and Oceania, Raja Badrulnizam Raja Kamalzaman in a statement here today.

He said Fiji is also known as a trading and distribution hub for the South Pacific islands region.

“The market poses high demand for construction services and building materials, as well as lifestyle products such as furniture due to the increased infrastructure development and tourism projects outlined in the Fijian Government’s economic plans,” added Raja Badrulnizam.

Malaysian companies keen to know more about the Oceania markets are urged to contact MATRADE trade office in Melbourne via email at melbourne@matrade.gov.my or any of MATRADE’s social media platforms (Facebook, Twitter, Instagram and LinkedIn).

-- BERNAMA


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