MALAYSIAN FIRMS GET TURKEY INVITE TO BID FOR CONSTRUCTION PROJECTS

KUALA LUMPUR, -- Turkey is inviting Malaysian construction companies to participate in big infrastructure projects that are being offered.

"We have bridge and road projects, among others, and Malaysian businesses are welcomed to join via Turkey embassy and council offices in Malaysia," said Turkey's Ministry of Economy Secretary-General, Husnu Dilemre.

Dilemre said this to reporters this during a visit by a Turkish delegation to the Malaysia External Trade Development Corp (MATRADE) headquarters here.

The visit is part of the delegation's three-day working visit to Malaysia, which ends Thursday.

MATRADE Chief Executive Officer, Dzulkifli Mahmud, welcomed the delegation.

"With Malaysia being a member of the Trans-Pacific Partnership Agreement and Turkey a member to the Transatlantic Trade and Investment Partnership (TTIP), we believe there will be a synergy which will benefit both countries," he said.

On the Malaysia-Turkey Free Trade Agreement (MTFTA), Dilemre said, Turkish companies were now looking at new opportunities in terms of investments and trade in Malaysia to reap the benefits of the MTFTA, which came into effect on Aug 1, 2015.

Dilemre said discussions between his ministry and Malaysia's Ministry of International Trade and Industry on expanding business relations between both countries were expected to start soon.

"The high-technology, agriculture, resources, tourism and construction sectors are important to us and we are doing well in the tourism, telecommunications and insurance sectors," he said.

Turkish Ambassador to Malaysia, Basak Turkoglu, said there were many sectors both Malaysian and Turkish companies could venture into and benefit from.

"We see Malaysia as a gateway for Turkish companies to the ASEAN region.

Likewise, we provide the same facilities for Malaysia to make Turkey a hub to enter Middle East, Europe and Russia," she said.

Source: Name News Network