GLC ExplorAce 2017 expected to rake in RM9b revenue


Mustapa: ‘Last year was a good year for electronics and semiconductor.

KUALA LUMPUR: The GLC ExplorAce 2017, an annual event that brings together local entrepreneurs and vendors, is expected to generate revenue of at least RM9 billion under the vendor development programme.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed said that 21 anchor companies and 63 vendors from various sectors would participate in this year's event on Aug 8.

"We have anchor companies such as UEM Group Bhd which operate overseas. This will be an advantage to vendors wanting to participate in their projects in future.

"We want them to also move to the next level from this programme, to become national, regional and global champions,” he told reporters at the soft launch of GLC ExplorAce in Kuala Lumpur on Thursday.

Initiated by Miti, the GLC Explorace 2017, themed “Excelling In The Digital World”, will be held at the Sime Darby Convention Centre and is aimed at providing bumiputra small and medium enterprises with a platform to gain knowledge and pitch business ideas/proposals.  

It is expected to draw about 3,000 trade visitors, up from 2,000 in 2016.

The annual event had generated RM28.1 billion in contract revenue from 2014 to 2016. - Bernama

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Amir Hamzah leads M’sian delegation to IMF, WBG spring meetings
Pansar secures RM269mil utility contract
Feytech signs underwriting agreement for listing on Main Market
Bursa Malaysia ends higher on improved market sentiment
Sin-Kung targets to raise RM26mil from its IPO
Sunway gets RM50mil revenue from roadshow
Kimlun wins RM150mil deal from Astaka
ESG investor group wants market reforms
EPF Account 3 draws concerns over dividends
PIE expects higher contributions from new customers

Others Also Read