Malaysian building material companies attract attention of major construction companies in Melbourne

By: MATRADE
 
 
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Aug. 23, 2015 - PRLog -- MATRADE’S specialised marketing mission to Melbourne attracted the attention of major construction companies in the city resulting and the delegation conservatively expects the connection, contacts and discussions will yield an estimated AUD 216.84 million in new business opportunities for the Malaysian companies in the next 3 to 5 years.

The delegation of 16 companies, led by Mr. Ong Yew Chee, MATRADE’s Director for Business Services and Building Materials Section, comprised suppliers of LED and decorative lightings, timber flooring and decking, stainless steel kitchenware, residential as well as commercial furniture, biomass materials, steel structure and wire mesh, industrialised building system, plaster ceiling and autoclaved aerated concrete (AAC).

The Malaysian companies had the opportunities to present to high profile developers and builders in Melbourne such as Probuild, Setia Melbourne, MRCB Land and the developer of Australia 108, the tallest residential building in Southern Hemisphere, who were impressed with the products presented.

A total of 39 one-on-one meetings were organised between the delegation members and matching Australian businesses.

Green technology LED lighting solutions had received on-the-spot orders supplying to the booming Australian construction market, during the one-on-one business meetings that were arranged.

Ong Yew Chee commented that this marketing mission aims to tap into Australia’s construction and as well as hardware and building supplies retail industry which is collectively valued at approximately RM1 billion per annum.  “The key to successful inroads into the market is to identify the right partner and the right stage of the supply chain, which is what this mission had focussed on”.

The Trade Commissioner to Australia, Noor Hayati added “Malaysian products are very competitive in value and quality and could just be just the alternative that Australian businesses are looking for to enrich their sourcing options”.

Australia had imported over AUD500 million worth of construction and building materials from Malaysia in 2014. The major import items were iron and steel structures, and tubes and pipes, plywood and veneered panels, and ceramic and tiles.

The delegation has departed Melbourne and proceeded to New Zealand to explore the opportunities from the ongoing rebuild works in Christchurch and the housing construction boom in Auckland.

Issued by the Malaysian Trade Commission, Melbourne
(MATRADE Melbourne) www.matrade.gov.my

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