PETALING JAYA: In the quest to spur new export opportunities for Sabah small and medium enterprise (SME) products in the international market, Global Entrepreneur One Stop Centre (Glopec) recently signed memorandums of understanding (MoUs) to form collaborations with several strategic partners for the United Kingdom and other European markets.
The signing of the MoUs between Glopec and nine parties, ranging from restaurateurs, wholesalers and distributors to online retailers in key areas was aimed at marketing made-in Sabah products to the UK, France and other European countries.
Minister in the Prime Minister’s Department Datuk Abdul Latiff Ahmad, who led a promotion and selling mission of bumiputra Sabah products to the UK from May 9 to 16, witnessed the signing of the MoUs by Zaiton Bakri, general manager of Kristal Handal Sdn Bhd, on behalf of the company, which is a subsidiary of Yayasan Sabah Group which oversees Glopec.
Funded by the the Bumiputera Entrepreneur Development Fund programme and established through a strategic partnership between Yayasan Sabah Group and the Bumiputera Affirmative Action Unit under the Prime Minister’s Department (Teraju) in 2020, Glopec is one of the collaborative programme efforts which aims at assisting Sabah bumiputra entrepreneurs, especially those from the B40 and M40 groups, through the marketing of local products to the international market.
Glopec serves as the contact point that engages with all business-related agencies and governing bodies in the targeted markets, as well as suppliers and buyers to disseminate verified information and business opportunities related to the participating Sabah SMEs.
It also provides training courses for SMEs to provide insight into the global business climate, marketing, promotion and publicity campaigns, and participation in promotion fairs.
Speaking to the Malaysian media here, Abdul Latiff said the government is committed to supporting the revival of businesses after the global economic disruptions caused by Covid-19.
“Through the MoUs, the ministry will work with Teraju to facilitate and assist Glopec to continue their marketing and trading efforts and secure international business opportunities as travel restrictions are being lifted,” he said. Glopec has 15 entrepreneurs and aims to market products worth RM60mil within the next five years. — Bernama