Business : Exim Bank To Assist More Malaysian Companies In Third World Countries


Governor of Meru County Peter G. Munya (left), EXIM Chief Business Officer Chairil Mohd Tamil (middle) and Probase Manufacturing Sdn Bhd managing director Seow Cheng Soon Pic courtesy of EXIM Bank
KUALA LUMPUR, Aug 15 (Bernama) — Export-Import Bank of Malaysia Bhd (Exim Bank) calls on Malaysian companies to market their expertise, particularly in infrastructure and construction development projects, to third world countries.

Chief Business Officer Chairil Mohd Tamil said they should explore the opportunities as the bank was tasked with supporting and assisting Malaysian companies in non-traditional markets.

“EXIM Bank has made their presence in several African countries. With Malaysian companies already exploring Meru, Kenya for road projects, this will enable EXIM Bank to widen our exposure in Africa,” he said in a statement Friday.

Chairil received Governor of Meru County Peter G. Munya and Probase Manufacturing Sdn Bhd managing director Seow Cheng Soon.

Probase Manufacturing is currently undertaking a pilot project to build a road in Meru, Kenya.

Last year, Malaysia exported RM880 million worth of products, mostly petroleum products and vegetables oils, to Kenya and imported RM16.5 million worth of goods, largely tea.

— BERNAMA

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