Thursday, June 13, 2013

UK aerospace SMEs seek tie-ups with Malaysian firms

KUALA LUMPUR, June 12 (Bernama) -- Global defence, aerospace and security company, BAE Systems is hosting five UK-based small and medium enterprises (SMEs) at its booth at the SME Annual Showcase (SMIDEX) 2013.

Source from (Bernama): http://www.bernama.com/bernama/v7/bu/newsbusiness.php?id=955619
Published: Jun 13, 2013

Source from (Business Times): http://www.btimes.com.my/Current_News/BTIMES/articles/baes12/Article/
Published: Jun 13, 2013

In a statement Wednesday, BAE said its participation this year aimed to promote business partnership between UK and Malaysian SMEs that would encourage sharing of technological expertise, global market experience and innovative ideas.

"The five British aerospace and cyber security SMEs are in Malaysia this week seeking 'business matching' and prospective partnership opportunities with local companies," it said.

BAE Regional Managing Director John Brosnan said the company wished to encourage smart business matching between UK and Malaysian SMEs, as BAE itself had demonstrated with an impressive track record in building smart partnerships with Malaysia's leading aerospace and defence brands.

"We believe SMEs have the potential to contribute substantially to the economy.

"Hence, business matching can provide a strong foundation for the growth of new industries and strengthen existing ones in the interest of Malaysia's future development," he said.

BAE's participation in SMIDEX last year resulted in three UK and nine Malaysian SMEs linking up with potential sales of up to RM19.8 million.

SMIDEX 2013, hosted by SME Corp Malaysia from today to June 14, expects the convergence of the biggest number of exhibitors from the domestic and international markets.

-- BERNAMA

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