Similarly, Malaysia is strategically located at the center of Southeast Asia, This has not only positioned Malaysia as a window to the market of Southeast Asia, with approximately 568 million populations, but also as a gateway to the market of East Asia and South Asia, which comprise of more than 2.5 billion populations!
Hong Lee Pee told that he recently just received a trade mission of a Lithuanian company which indicated their keen interest in setting up a production facility in Malaysia.
He said that the LATIA Trade Mission was to look for the opportunity of sourcing from the Malaysian manufacturers and dealers.
Lithuania Experiences Stable Economic Growth
Hong Lee Pee revealed that the statistics published by the Ministry of International Trade and Industry of Malaysia shows that the Malaysian export to Lithuania in 2005 was USD18.1 million, i.e a significant 38.8% increase from USD13.0 million in 2004. Meanwhile, the import of Malaysia from Lithuania in 2005 was USD11.3 million, i.e a 23.6% increase from USD9.1 Million in 2004.
She also invites Malaysian companies to participate in the BALTIC TEXTILE + LEATHER International Trade Fair on 17- 19 September 2008. The Trade Fair will provide a good opportunity for Malaysian companies to enter the Lithuanian market.
Lithuanian Apparel and Textile Industry Association
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
