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GENERAL INFORMATION

By Angela Perkins,2014-06-17 00:39
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GENERAL INFORMATION ...

    GENERAL INFORMATION

    A. BUSINESS OPPORTUNITIES

    Countries Malaysia Exports of Products / Services & Investment Opportunities

    ARGENTINA MANUFACTURED GOODS

    ? Household furniture

    ? Medical supplies such as rubber gloves, catheters, suture, dialysis

    needles;

    ? raw materials (polymers and resins) and machines for the plastic

    industry;

    ? electronics and electro-domestic such as web cams, air conditioners,

    sound systems, computer parts etc;

    ? manufacturing inputs for the food processing industry such as palm oil,

    shortening, vegetable fats, emulsifiers, cocoa, citric acid, folic acid;

    ? industrial chemicals;

    ? telecommunication equipment;

    ? auto parts;

    ? computer hardware and software;

    ? packaging machinery

    ? safety and security equipment;

    ? building materials and construction machinery;

    ? hotel and gastronomy equipment. Argentina has fully recovered from its economic crisis 2001/02. The GDP

    reached a healthy growth of 8.8% in 2003, and economic conditions

    remained favourable throughout 2004 with a 9 per cent surge in real GDP,

    9.2% in 2005 and 8.5% in 2006. There is a rising trend for both exports and

    imports. The growing industrial and export activities require raw materials,

    semi-manufactured products and equipments to enhance production capacity

    and export competitiveness. The Argentina recovery signals opportunities for Malaysian companies to increase their exports.

CONSTRUCTION

    The construction industry has been one of the pillars that contributed towards

    the economic recovery of Argentina. It directly contributes 5.2% of GDP in

    Argentina, and indirectly contributes to 14% of GDP. 15% of the construction

    activities in Argentina are undertaken by the public sector and the remaining

    by the private sector. Malaysia could explore opportunities in infrastructure

    projects in Argentina.

ICT

    The software and computer services is one of the fastest growing sectors in

    Buenos Aires, which represents over 40% of Argentina’s software and

    computer services firms. There are 300 software and computer services firms

    in Buenos Aires City and 700 in Argentina. The industry generates a

    turnover of US$ 1.1 billion and exports US$210 million in software creating

over 40,000 jobs. Similarly, outsourcing activities such as call centers are

    growing and currently such services are provided to USA, Australia and

    Europe. Malaysian ICT companies may consider the possibility of forging a

    partnership with their counterparts in Argentina to venture into third countries

    by complementing each other in both technological and business

    developments.

HALAL’S INDUSTRY

    Consistent with the Government’s aspiration to make Malaysia a regional hub

    for production of halal products, particularly food, Malaysian companies can

    form strategic alliances with Argentine companies to export to third countries

    considering the huge Muslim population of 1.8 billion around the world with

    size of the market (food and non-food) estimated at around US$560 billion a year.

    CROSS-FLOW INVESTMENT Argentina can be used as Malaysia’s strategic investment destination for the

    South American region taking advantage of the preferential tariffs accorded

    by MERCOSUR. Already, there are more than 100 multinational and

    transnational companies operating in Argentina. Key sectors, particularly, the

    E&E, plastics, rubber, wood, textiles & apparels, petroleum, among others,

    could be explored either independently or joint venture by Malaysian

    companies in the set up of manufacturing plants. The locally manufactured

    products would enjoy lower duty compared to the higher external tariffs

    imposed by MERCOSUR at an average of 40%.

    URUGUAY MANUFACTURED GOODS Companies prefer to import finished products for domestic market in lieu of

    having domestic production. Many factories discontinue production of

    manufactured products due to high cost of production in the last five to ten

    years. Malaysia’s company could explored new market opportunities in:

    ? home furniture,

    ? decorative items

    ? bathroom accessories

    ? auto parts

    ? decorative items.

    ? foodstuff,

    ? palm oil,

    ? electronic components,

    ? ICT products (hardware and software)

    ? general machinery,

    ? tires,

    ? textiles,

    ? beverage and Halal food. Overvaluation of local Uruguayan currency Uruguayan pesos thus making

    import more attractive

    BRAZIL PALM OIL AND PALM OIL MANUFACTURED PRODUCTS ? Brazilian government imposed a mandatory requirement for the use of

    2% of biodiesel content in diesel from 2008. Malaysian palm oil is an

    ideal feedstock to be blended with soya oil-based biodiesel because of

    its lower price.

    ? There has been an increasing awareness that palm oil is a healthier

    substitute of harmful hydrogenated soya oil in packaged food in Brazil.

    ? Brazilian importers has been looking more aggressively to source

    palm olein and fats to replace the soya oil application.

    MANUFACTURED PRODUCTS

    There has been consistent inquiry made from Brazil on the following: ? E&E products,

    ? wood products / rubber products / plastic products ? food,

    ? chemicals,

    ? paper/stationery,

    ? machinery,

    ? auto parts,

    ? medical/pharmaceuticals,

    ? textile/garment & accessories,

    ? building materials,

    ? furniture,

    ? footwear / jewellery /costume jewellery/ cosmetic/toiletry, ? glassware, giftware/souvenir items, household products ? metal/steel/aluminum products.

    CROSS-FLOW INVESTMENT

    ? Taking advantage of Brazil being the members of MERCOSUR which

    comprises of Argentina, Paraguay, Uruguay, Venezuela and Brazil

    themselves, having a joint venture partner in manufacturing in Brazil

    would enable the Malaysian investor to enjoy the MERCOSUR stcommon external tariff (CET) which was implemented on 1 January

    1995.The CET levels range between 0 to 20%. ? Among the potential areas of collaboration are in the sectors of

    semiconductors, palm oil plantation, airline services, alternative

    energy technology (Ethanol and Biodiesel) and construction.

B. REGISTRATION FORM AND FEE

Completed registration form to participate in the mission together with a cheque of

    RM500.00 per participant made payable to “Ketua Eksekutif MATRADE”, should be submitted to MATRADE before 16 July 2007. This fee will be utilized to offset the costs

    incurred for local transport, tips and other expenses related to the mission. Participating

    companies must bear the cost of airfare and accommodation.

C. PHOTOGRAPH

    Each participant is required to submit one passport sized coloured photograph (in

    business attire) with name and company written clearly at the back of the photograph for the mission handbook.

D. TRAVEL AGENT

City Connections Travel & Tours Sdn. Bhd. has been appointed as the official travel

    agent for this mission. All participants are required to make their air-ticket reservation

    with the agent at the following address:

City Connections Travel & Tours Sdn. Bhd.

    No. 45 Jalan Snuker 13/28

  &nbs