KUALA LUMPUR, — The Malaysia External Trade Development Corporation (MATRADE)’s recent marketing mission to Vietnam has identified RM102 million in potential construction business.
The mission identified potential business in the construction of resorts, residential, commercial buildings, highways, maintenance and repair services and, tiling works.
MATRADE Chief Executive Officer Datuk Noharuddin Nordin said, ” We are very confident that many of the identified construction projects will be translated into actual deals although the global construction sector is experiencing significant slowdown.
“But Vietnam remains a significant beacon of opportunity for Malaysian construction companies”.
Private sector participants in the mission included those from the construction and professional services sector such as civil engineering, formwork designs and systems, structural enhancement, maintenance and waterproofing services, architectural services, interior design, construction and legal consultancy and, wall and floor tiles installation services.
Currently, Malaysian contractors are already actively involved in the several construction projects in Vietnam including the Quang Tri Airport, My Thuy Deep Sea Port, Dong Ha Railway, Hanoi Yen So Park and the Hanoi Waste Water Treatment plant.
MATRADE mounted the specialised marketing mission to Danang City and Hanoi, Vietnam, between Aug 17 and Aug 21, to provide an effective platform for the Vietnamese business community to know more about the capabilities and international track record of Malaysian companies.
Members of the mission had direct business discussions with their Vietnamese counterparts through 73 one-on-one business meetings.
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