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Florida Businessmen Eager To Have Joint Ventures In Malaysia
Florida Businessmen Eager To Have Joint Ventures In Malaysia

ATTENTIVE... Chief Minister Tan Sri Dr Koh Tsu Koon with members of the South Florida Trade Mission paying full attention at the briefing segment on business opportunities in Penang. Pix: K.Ganeson

PENANG, March 2 (Bernama) -- Aware of the friendly and conducive business environment in Malaysia, Florida businessmen are keen to set up joint ventures here.

The Florida trade delegation is here on a seven-day visit under the "Opportunity Malaysia 2005" program organized by the US Florida District Export Council.

"Malaysian businessmen who want to penetrate the US and Latin American markets can use us as their partners," said Digital Media Network Inc chief executive, Bernhard Schutte, who heads the 30-member delegation.

"The US companies are quite diverse and some are involved in education, health, transport and logistics and construction industry," he said.

He said for the delegation, "This is a fact finding visit and we are looking for a long term relationship and the Penang companies should take this opportunity to collaborate with the US companies," said Schutte.

Earlier, Penang Chief Minister Tan Sri Dr Koh Tsu Koon said that the delegation was also interested in expanding bilateral trade between Florida and Malaysia by making the "space industry city" as the logistics hub for Malaysian products to the US.

He said the main objective of the delegation was to strengthen commercial ties between Malaysia and the US by finding new suppliers of Malaysian products, exploring partnership to invest in Malaysia or the US and selling more US goods and services in Malaysia.

The delegation is due to visit Kedah.