Friday, March 22, 2013

SMIDEX 2013 Eyes 20 Per Cent Increase In Sales

KUALA LUMPUR, March 21 (Bernama) -- SME Corporation Malaysia's SME Innovation Showcase 2013 (SMIDEX 2013) targets to achieve an increase of about 20 per cent or RM50 million in sales this year.

Source from (Bernama): http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=936275
Published: March 22, 2013

Chairman Datuk Mohamed Al Amin Abdul Majid said more new initiatives had been created to achieve the additional RM50 million sales from last year.

"Among the key drivers for the increase are expected from aviation, transportation and oil and gas sectors," he told reporters after the soft launch of SMIDEX 2013 and Asean-Korea SME Conference here Thursday.

The 16th SMIDEX 2013 will be held at the Kuala Lumpur Convention Centre (KLCC) on June 12-14, along with the Asean-Korea SME Conference on June 12-13.

Last year, SMIDEX generated potential sales from business matchings worth RM247.46 million compared with RM194.7 million in 2011.

Mohamed Al Amin said the three-day event was expected to attract 15,000 visitors.

"To date, 260 companies have confirmed their participation and out of these, 40 companies are from Italy, India and Korea, which will fill the international pavilion," he said.

He said this year, SMIDEX would bring in ideas and business life cycle and everything that entrepreneurs needed to know from business start-up to becoming global champions.

"It has always been my hope that Malaysian small and medium enterprises will always be resilient and retain their success in terms of doing business, and SMIDEX offers them the opportunity to learn from multinational companies (MNCs)," he said.

Among the participating companies are MNCs and GLCs (government-linked companies) namely, Boeing, BAE Systems, Rafael, Giant, Tesco, Aeon, MAS, Sime Darby, Proton, MRT and Kontena Nasional Bhd.

SMIDEX is an annual event which is designed to showcase the capabilities and capacities of Malaysian SMEs in producing products, services and technologies for the global market.

-- BERNAMA

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