KUALA LUMPUR, Nov 25 (NNN-Bernama) — Malaysia External Trade Development Corporation’s (MATRADE) Export Acceleration Mission (EAM) to Jeddah and Riyadh, Saudi Arabia witnessed positive outcome by the Malaysian and Saudi companies which registered a potential sales of US$28.98 million (RM122.5 million).
The six-day EAM from Nov 13 to 18, 2021 saw among others, two memorandum of understanding (MoU) inked by Malaysian companies with their Saudi counterpart. The MoU was between Alam Dingin Air Conditioning Engineering Sdn Bhd and The Synergy International.
The MoU document is focusing on promoting mutual exchange and development of Heating, Ventilation, Air Conditioning and Refrigeration (HVACR) system in Saudi Arabia.
The second MoU was between VERITAS Architects Sdn Bhd and Muhammed Abdulrahman AlBassam Bureau of Engineering Consultancy.
“The main scope of this MoU is on pre-contract works which cover conceptual design until production of tender documents,” said MATRADE in a statement here Thursday.
MATRADE said it will continue its efforts in providing businesses especially for Malaysian companies to transcend the pandemic by providing platforms to share their expertise, capabilities and capacity of supplying a wide range of products and services to global markets.
There will be more trade missions to Saudi in other targeted sectors, it added.