Programme attracts 350 exporters and 189 foreign buyers

  • Business
  • Wednesday, 04 Apr 2018

PETALING JAYA: The recently concluded International Sourcing Programme (INSP) attracted over 350 Malaysian exporters and 189 foreign buyers from 41 countries, according to the Malaysia External Trade Development Corp (Matrade).

It said in a statement yesterday that sectors highlighted at the INSP included halal consumables (paste, sauces, ready-to-eat meals and confectionery), non-food products (cosmetics, pharmaceuticals and palm oil-based products), certified premises (hotels, restaurants, central kitchens and slaughterhouses) and Islamic financial services (banking services, takaful and retirement and pension funds).

“The top-five Malaysian states recording the highest participation in this year’s INSP were Selangor (50%), Kuala Lumpur (13%), Johor (10%), Penang (6%) and Kedah (4%).”

Among the countries involved in the one-day event were China, Cote D’Ivoire, India, Saudi Arabia, Indonesia, Thailand, Cambodia, Japan, South Korea and Kazakhstan.

“Last year, the INSP generated RM300mil in sales, with the food and beverage sector having contributed the largest number of sales,” Matrade said. In total, Matrade coordinated more than 2,000 business meetings between local and foreign companies.

INSP is a cost-effective platform for Malaysian companies to meet potential buyers from around the world. This year’s event was held last week in conjunction with the 15th Malaysia International Halal Showcase (Mihas) 2018.

Mihas 2018 kicks off today until April 7 at the Matrade Centre in Kuala Lumpur.

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Business , Matrade , INSP , Mihas


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