MSE 2010 Off To A Flying Start
- By Online News Source
- Published 14 April 2010
- General
- Unrated
Source: Bernama
The Malaysia Services Exhibition (MSE) 2010 kicked off on a positive note with US$180 million worth of projects having been secured on the first day of the event here Tuesday.
Malaysia External Trade Development Corporation (Matrade) Chief Executive Officer Datuk Noharuddin Nordin said the projects encompassed construction of biogas plants, solid waste management and education-related initiatives.
"These projects are located in Saudi Arabia, Sudan, Lebanon and Syria. The parties involved were already negotiating long before the exhibition started. They are here to conclude the deals," he told reporters on the sidelines of the exhibition.
"We would like to congratulate the companies for doing a lot of homework before coming here," he said, adding that potential projects worth US$1.6 billion had also been identified.
With the participation of 150 Malaysian service providers from eight service clusters, the three-day MSE 2010 was opened Tuesday by International Trade and Industry Datuk Seri Mustapa Mohamed.
Elaborating on the potential projects for Malaysian companies, Noharuddin said they included a US$500 million scheme to build 50,000 housing units in Egypt.
Others were construction projects in the Saudi Arabian city of Mecca, ICT solutions for waste management in Ethiopia, Sudan and United Arab Emirates (UAE), and energy generation projects in UAE and Saudi Arabia.
"Last year we identified RM8.5 billion worth of projects and contracts. So we want to at least match the amount if not exceed it," Noharuddin said.
According to him, there were also opportunities for Malaysian firms to build biogas plants in Uzbekistan and UAE.
The Malaysians have also identified further opportunities in areas like water proofing, construction of hospitals, provision of digital system for books and content, green energy consultancy, biomedical training, franchising, housing development in India, product design and and design of automotive parts.
Noharuddin said 762 business meetings had been scheduled during MSE 2010, involving potential business partners from 20 countries.
They had been identified by Matrade officials stationed in the region.
The Malaysia Services Exhibition (MSE) 2010 kicked off on a positive note with US$180 million worth of projects having been secured on the first day of the event here Tuesday.
Malaysia External Trade Development Corporation (Matrade) Chief Executive Officer Datuk Noharuddin Nordin said the projects encompassed construction of biogas plants, solid waste management and education-related initiatives.
"These projects are located in Saudi Arabia, Sudan, Lebanon and Syria. The parties involved were already negotiating long before the exhibition started. They are here to conclude the deals," he told reporters on the sidelines of the exhibition.
"We would like to congratulate the companies for doing a lot of homework before coming here," he said, adding that potential projects worth US$1.6 billion had also been identified.
With the participation of 150 Malaysian service providers from eight service clusters, the three-day MSE 2010 was opened Tuesday by International Trade and Industry Datuk Seri Mustapa Mohamed.
Elaborating on the potential projects for Malaysian companies, Noharuddin said they included a US$500 million scheme to build 50,000 housing units in Egypt.
Others were construction projects in the Saudi Arabian city of Mecca, ICT solutions for waste management in Ethiopia, Sudan and United Arab Emirates (UAE), and energy generation projects in UAE and Saudi Arabia.
"Last year we identified RM8.5 billion worth of projects and contracts. So we want to at least match the amount if not exceed it," Noharuddin said.
According to him, there were also opportunities for Malaysian firms to build biogas plants in Uzbekistan and UAE.
The Malaysians have also identified further opportunities in areas like water proofing, construction of hospitals, provision of digital system for books and content, green energy consultancy, biomedical training, franchising, housing development in India, product design and and design of automotive parts.
Noharuddin said 762 business meetings had been scheduled during MSE 2010, involving potential business partners from 20 countries.
They had been identified by Matrade officials stationed in the region.