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Date: 09/10/2010 Duration: 09 - 17 October 2010 Location: Kuala Lumpur & Jakarta
No. of Places Remaining:
Contact: Robert Lawley, UKTI North Staffordshire Tel: 01782 224407 Email: robertlawley@nscci.co.uk
Companies are invited to join a market visit to Kuala Lumpur and/or Jakarta
*Companies can join the whole of the delegation or simply visit Kuala Lumpur or
Jakarta
Benefits of the Visit
· Pre-visit and in market briefing by UKTI staff
· British High Commission hosted reception(s)
· Excellent networking opportunities through the support of the British Embassy and participation in a West Midlands UK Trade & Investment market visit
· New contacts and shared intelligence within the market visit group
Malaysia - Introduction
UK commercial ties with Malaysia are strong. Close historical and educational links, a familiar commercial and legal framework and the widespread use of English are all conducive to a vibrant business relationship. UK exports in goods to Malaysia in 2008 were valued at £1.14 billion, placing Malaysia as the UK’s second largest export market in South East Asia, after Singapore. UK exports in services to Malaysia in 2007 (the last year for which full figures are known) totalled £443 million. The UK is also one of the largest investors in Malaysia, investing over £20bn in the past 30 years.
Opportunities in Malaysia
Malaysia is one of the fastest growing economies in the region. GDP growth in 2007 was a healthy 6.3%, although this dropped to 4.6% in 2008 as the global economic downturn began to bite. Current estimates for 2009 put the growth figures at between –1% and +1%. Per capita income is estimated to reach US$13,300 in Purchasing Power Parity terms in 2009.
Opportunities exist for UK companies in various sectors, including:
· Oil & Gas
· Education and Training
· Information & Communication Technology
· Agriculture
· Environment
· Power
· Water
· Aerospace
· Construction
· Healthcare & Media
Indonesia - Introduction
Trade relations between the UK and Indonesia are healthy. UK exports to Indonesia totalled £ 350 million in 2009 (£ 391 million in 2008). According to official Indonesian Statistics, the UK is a leading investor in Indonesia with Foreign Direct Investment Planning Approvals worth US$ 119.9 million in January 2009.
Opportunities in Indonesia
Opportunities for trade should be viewed as medium to long-term. UK Trade & Investment has identified four sectors that offer particularly good opportunities : Environment, Ports, Advanced Engineering and Power. Opportunities also exist in other sectors including Oil and Gas, Financial Services, ICT, Retail, Healthcare, Agribusiness and Infrastructure.
Imports to the UK from Indonesia were worth £ 1,144 million in 2008. Indonesia's main exports to the UK include textile products, clothing & accessories (including shoes) and wood products. Total imports in 2009 were £ 1,166 million.
Eligibility
Small and medium sized West Midlands businesses, who are actively seeking to engage overseas partners and/ or win business in markets outside the UK.
Interested companies should contact the principal organiser shown below or their local International Trade Advisor (ITA). Participants are strongly urged to use the services of UKTI’s commercial sections based in the Kuala Lumpur and Indonesia British High Commissions, this will enable companies to develop specific research and contact making ahead of the visit. Please contact the organiser of this visit asap if you require bespoke Market Research.
Package price: GBP1862 per person (price correct at time of drafting)
Price includes flights, taxes, accommodation & breakfast daily
A limited number of grants will be available to eligible companies – please contact either Robert Lawley or your local International Trade Adviser
Proposed Travel Plan
09 OCT BIRMINGHAM-AMSTERDAM KL1430 16:45 / 18:55
09 OCT AMSTERDAM-KUALA LUMPUR KL809 20:55 / 15:00 (arrive 10 OCT)
13 OCT KUALA LUMPUR-JAKARTA KL809 16:20 / 17:15
16 OCT JAKARTA-AMSTERDAM KL1421 06:50 / 05:55 (arrive 17 OCT)
17 OCT AMSTERDAM-BIRMINGHAM KL1421 06:50 / 07:05Automechanika is
Proposed Accommodation
Kuala Lumpur –
In 10th October out 13th October - 3 nights
Traders Kuala Lumpur Traders Hotel - Kuala Lumpur
Club Cityview including breakfast daily & club privileges
Jakarta –
In 13th October out 16th October - 3 nights
Mandarin Oriental Mandarin Oriental - Jakarta
Superior Room including breakfast
Programme & Meetings
The programme will be sufficiently flexible for participants to arrange their own meetings,
however briefings by High Commission staff will be mandatory for all participants.~
Closing Date for applications: 17 September 2010
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