Thursday, April 18, 2013

Today's Pick (03/04/13/55/979) Malaysian companies urged to take part in Brazil's RM154bil fibre optic network


Malaysian companies urged to take part in Brazil's RM154bil fibre optic network

KUALA LUMPUR: The Malaysia External Trade Development Corp has urged Malaysian information communication technology (ICT) companies to take advantage of Brazil's plan to install a nationwide fibre optic network estimated at US$51bil (RM154.71bil).

Brazil, through the state-owned Telecommu-nication Brasil, aims to expand the country's broadband connection with high speed networks, to allow for a high velocity broadband Internet service.

Malaysian Trade Commissioner in Sao Paolo Yusram Yusuf said the project would involve investment by the private sector, as well as the Government and was targeted for completion in four years.

“Malaysian companies should consider investing in Brazil's ICT industry by leveraging with local ICT players,” he said.

He added that participation in trade shows was a good channel for Malaysian companies to showcase their expertise and quality products, pointing out that the Brazilian Interna-tional Electrical, Energy and Automation Industry Exhibition was one of the main events to promote their products.

Interested Malaysian companies can seek more information on the export opportunities of ICT products and expertise in Brazil by contacting Matrade Sao Paolo. Bernama

Last year, Brazil imported fibre optic adapters worth over US$567mil (RM1.76bil) from China, Germany, Japan, the United States and South Korea. Bernama

Source: The Star

Date: 03 April 2013

Today's Pick (03/0134/55/979)

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