EEPC is pleased to announce its next INDEE - Kuala Lumpur – to be held in Kuala Lumpur, Malaysia at Putra World Trade Centre during 25-27 September, 2008. This is a major step forward to enter into the Malaysian market. It is coincided with ASEANWOOD - WOODTECH Malaysia 2008 (WTM 2008) and SME International Trade Fair (SMEITF 2008) which are considered to be major events - not only in Malaysia, but also in SE Asia.
This exhibition will be supported by the following trade associations of Malaysia in order to draw attention of their members to visit our event :
Federation of Malaysian Manufacturers (FMM)
Federation of Malaysian Foundry & Engineering Industries Associations (FOMFEIA)
Kuala Lumpur malay Chamber of Commerce (KLMCC)
Malaysian Associated Indian Chambers of Commerce & Industry (MAICCI)
Malaysia External Trade Development Corporation (MATRADE)
Malaysian Industrial Development Authority (MIDA)
National SME Council (NASMEC)
Professional Services Development Corporation (PSDC)
Singapore Manufacturers' Federation (SMa)
SMI Association of Malaysia (SMAIM)
Small & Medium Industries Development Corporation (SMIDEC)
The Electrical & Electronics Association of Malaysia (TEEAM)
Malaysia’s Business Landscape
Malaysia is among the world’s top 20 trading nations with a strong, open economy and a Government committed to international competitiveness in terms of trade and investment. As part of Malaysia’s commitment to WTO and unilateral liberalization measures, it has reduced or abolished important duties on almost 5,000 items. To facilitate trade, more than 60% of tariff lines are subject to zero duty.
Malaysia is also a part of the ASEAN trade block. The bilateral agreement between India and the ASEAN countries which is being negotiated at the moment, will provide newer opportunities to the Indian business community.
Under AFTA’s Common Effective Preferential Tariffs (CEPT), ASEAN member countries have agreed to progressively reduce import duties, ranging from zero to 5%, on all products. As an original member, Malaysia fully implements CEPT.
About Malaysia
Malaysia emerges as one of the most potential countries in the South East Asian Region immediately after Singapore and Indonesia. India’s engineering exports achieved a growth of 6.08% during 2006-07 over the previous year. However, the growth during April-December 2008 as compared to the same period for the earlier year is 97.02% which is very encouraging. The recent trend in the export growth of engineering products and services to Malaysia could be a focal point to capitalize on the opportunities existing over there.
Malaysia boasts one of South-East Asia's most vibrant economies, the fruit of decades of industrial growth and political stability. Malaysia's economic prospects remain healthy, although it faces fierce competition from its neighbours, and from China and India.
