MTC to spearhead promotion of Malaysian furniture


Title : 10 Golden Rules Of Investing In Stock Market

Please signup with your email, below.

We respect your email privacy

Subscriber Counter

KUALA LUMPUR: The Malaysian Timber Council (MTC) will, once again, spearhead the development and promotion of the Malaysian furniture industry, after a hiatus of eight years.

Recently, the Ministry of Plantation Industries and Commodities mandated MTC to collaborate with the Malaysian Furniture Promotion Council (MFPC) to lead the way in the development and promotion of the furniture industry.

The furniture sector accounted for around RM8 billion, or 40 per cent of total timber exports of close to RM20 billion last year.

Both MTC and MFPC pledged to work closely with furniture makers to contribute towards the exports which had , unfortunately, stagnated at around RM8 billion in the last four years.

In a statement, MTC chief executive Cheah Kam Huan said this is a strategic move as the council is already regionally represented in Dubai, London and Shanghai.

Since MTC is more established and financially stronger than MFPC, it had been instructed by the ministry to focus on furniture fair participation, market development and ensuring furniture makers get adequate timber supply.

“The MTC looks forward to working with the Malaysian furniture industry members again, and together with the MFPC, we will assist the furniture exporters explore new markets and strengthen their presence in existing ones,” Cheah said.

MFPC, on the other hand, will continue with its role in upgrading the industry’s design capacity and enhancing Malaysian furniture’s image through branding.

Business Times : nation

Comments are closed.