INFRASTRUCTURE management software provider Tekla (M) Sdn Bhd expects its Asia-Pacific market to rev up this year, with China posing rapid sales growth and Malaysia to be a consistent market, according to its managing director Ari Nassi.
He said that Japan, South Korea, Taiwan, Indonesia, Singapore and Australia would experience slow sales growth due to economic reasons.
According to Nassi, Tekla will bank on its strong position in Malaysia to increase licensees of its software to innovative companies that use multi-materials in the building and construction, energy and utilities and public infrastructure industries. At present, it has 80 licensees locally.
He does not see the slow recovery in the local construction and building industry affecting software sales.
Yes, there was a slowdown in the industry about two years ago. However, we saw it pick up in mid-2001 and last year. The trend would continue this year. So, we do not see it affecting our sales growth tremendously, Nassi told a press conference after launching its latest Xsteel 8.0 product in Kuala Lumpur yesterday.
He said that Xsteel-related projects in Malaysia included the Telekom building, Universiti Petronas and the oil and gas power plant in Bintulu.
The Xsteel has played and will continue to play, a key role in some of the most high profile projects in the world, including the new and futuristic £750mil Wembley football stadium in London and the Walt Disney Concert Hall in downtown Los Angeles, he said.
On the expected decrease in profit for last year, Nassi said that it was due to a soft global market.
To focus on increasing cost-effectiveness and profitability this year, Tekla has implemented a new business model creating to a more efficient global way of working, he said.
Finland-based Tekla Corp acting president Heikki Multamaki warned in a statement at the end of last year that net sales for 2002 would increase by only a minimum per cent over the previous year's 39.2mil euros. Tekla will announce its 2002 financial figures next month.
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