KOTA KINABALU: Local businesses of durian, cocoa, and coconut-based products will be able to showcase their items during the China-ASEAN Expo (CAEXPO) in Nanning, China, on September 21 to 24.
They are among 17 small and medium enterprise (SME) business owners from Sabah, who were chosen to join the expo to be held at Nanning International Convention and Exhibition Centre (NICEC) in Guangxi province.
Deputy Chief Minister Datuk Seri Wilfred Madius Tangau, who is also state Trade and Industry Minister and leading the delegation there, said the group participation is expected to rake in RM4.7 million in potential sales and an estimated RM196,000 in counter sales.
“Our Sabahan entrepreneurs are expected to benefit from 300,000 expected visitors to the event, where 2,800 booths consisting of China and ASEAN participants are available, ” he said in a press statement released to the press conference on Thursday (Sept 12).
Prior to the press conference, which was attended by some of the 17 SMEs, he reminded business owners that they need to look for agents to distribute their products in the participating countries.
Other interesting local products which will be brought to the expo are virgin coconut oil, dry noodle, ice creams, coffee, edible bird's nest extract, and honey.
Meanwhile, a sideline investment seminar will also be held during the expo on Sept 23 to promote the industrial parks in Sabah, namely Kota Kinabalu Industrial Park, Sipitang Oil and Gas Industrial Park, and Palm Oil Industrial Cluster (POIC) Lahad Datu, to attract more investors.
Madius is also expected to do a working visit to Qinzhou Port and China-Malaysia Qinzhou Industrial Park near Nanning, to learn about the development and administration of both facilities.