JAKARTA: Malaysia External Trade Development Corp (Matrade) has urged Malaysian companies to continue pursuing opportunities to increase exports of car parts into Indonesia.
Its Trade Commissioner to Indonesia, Naim Abdul Rahman, said this was because Indonesia has a big car industry, ranked second after Thailand in Association of South-East Asian Nations (Asean) in terms of car production.
Its annual car production is around one million units while its car parts imports alone were worth over US$3 billion (US$1 = RM4.45).
“These figures constitute all kinds of car parts made for original equipment manufacturers or replacement parts for motor vehicles, motorcycles and bicycles,” he told Bernama after the launching of Proton Iriz in Jakarta today.
Naim said Malaysia was one of the major suppliers of car parts like absorbers, weatherstrips, brake pads, wheel rims, transmission parts, head up displays, alarms, sensors, lighting electronics and air conditioners to the country.
He said to overcome the stiff competition from other countries, Malaysian companies must continued to offer quality car parts and worked closely with their Indonesian distributors on effective marketing strategies.
"Participating in trade events such as in the coming exhibition, International Auto Parts, Accessories and Equip Exhibition 2017, would be an effective platform for Malaysian companies to promote their car parts and components in Indonesia and more importantly to meet up with the right buyers present in the market,” he added.
He also welcomed Indonesian companies' interest in sourcing for Malaysia-made car parts and components at Automechanika Kuala Lumpur which will be held from March 23-25, 2017.
Matrade Jakarta is coordinating to arrange an International Sourcing Programme for Indonesian buyers during the event. - BERNAMA