Aiming for niche markets in ASEAN, G-FAIR Kuala Lumpur begins
Createdd 2016-10-11 Hit 499
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Opening ceremony on September 27; 60 small and medium
enterprises from Gyeonggi Province participate; export consultation sessions
with more than 1,200 local buyers
The 2-day ‘2016 G-FAIR Kuala Lumpur’ gets
under on September 27 in Kuala Lumpur, Malaysia, to pursue niche markets in
ASEAN. ⓒ Gyeonggi G-News
The 2-day ‘2016 G-FAIR Kuala
Lumpur’ gets under on September 27 in Kuala Lumpur,
Malaysia, to pursue niche markets in ASEAN.
This year’s G-FAIR Kuala Lumpur is the third such occasion since events held
in 2011 and 2014. It will feature an exhibition of outstanding SME products in
addition to 1-on-1 export consultation sessions with buyers based on a
preliminary matching process.
For this year’s G-FAIR Kuala Lumpur, 60 small and medium enterprises
from Gyeonggi Province will participate and engage in comprehensive export
consultations with more than 1,200 local buyers. Consultations will revolve
around up-and-coming products for the Malaysian market – including beauty,
food, medicine, and industrial items – given the new Korea-ASEAN FTA that will soon
go into effect.
Of particular note, buyers with prior experience dealing with
businesses in Gyeonggi Province and those with substantial interest in
purchasing Korean products through export consultations as well as trade
promotion group activities undertaken by GBC Kuala Lumpur, which acts as a
trade outpost for Gyeonggi Province, were arranged for this event.
Malaysia, where this year’s G-FAIR will take place, has a
population of 604 million people and a GDP of USD 2 trillion. It acts as the
Chair for ASEAN, which means it is an important foothold for the expansion of
Korean commercial interests into the ASEAN market.
The opening ceremony for the 2016 G-FAIR Kuala Lumpur was
held at 10:30am on September 27 (local time) in the Grand Ball Room of the Hotel
Shangri-La in Kuala Lumpur, Malaysia.
For the opening ceremony, key officials from both
countries including Gyeonggi Province Vice Governor Yang Bok-wan, Gyeonggi
Small & Medium Business Center CEO Yoon Jong-il, and Malaysian Minister of Domestic
Trade, Co-Operatives & Consumerism Dato Hamzah bin Zainudin were in
attendance.
Gyeonggi Province Vice Governor Yang Bok-wan said, “We will support small and medium
enterprises from Gyeonggi Province participating in this event with the expansion
of their operations into new niche markets in ASEAN via Malaysia, the center
for small and medium businesses in ASEAN, through this year’s G-FAIR.”
For more details, please contact the International Trade
Division (031-8008-2461) of the Gyeonggi Provincial Government or the Export
Team (031-259-6234 of at the Gyeonggi Small and Medium Business Center.
Kim Jin-kyoung jinkyoungkim@kg21.net