VOLVO Malaysia Sdn Bhd is projecting RM20mil in sales of its marine and industrial engineering propulsion and related equipment, marine and industrial power divisional manager Thum Wai Choong said.
Most of the revenue would come from government agencies involved in enforcement activities, such as the police, and the Customs and the Marine Departments, he said.
The company markets the Swedish-made equipment under the brand name VolvoPenta.
The European brands were slowly making an impact in Malaysia, while American brands were popular here due their long presence, Thum said at the opening of the companys Johor Baru branch, which was relocated from the Tampoi area to Tebrau industrial estate IV.
He said the company would emphasise on its marketing activities, focusing particularly on the industrial end-users for its generator sets such as on-shore oil and gas exploration companies and construction sites. Another area with good prospects was the leisure boat engine segment, he added.
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