Monday, April 26, 2010

MSMEs evince interest in overseas opportunities

About two dozen micro, small and medium-scale entrepreneurs (MSMEs) here will visit Malaysia soon to explore business opportunities.

Founder of Entrepreneurs Club-Coimbatore (E-Club) N.S. Kumar told The Hindu that two delegates from Negeri Sembilan in Malaysia visited Coimbatore last week. They invited entrepreneurs here to visit Malaysia and study the investment and business opportunities. About 16 per cent of the population in Negeri Sembilan was Tamils.

Some multinational companies had invested in Negeri Sembilan. Business premises were available for rent or for purchase.

The Kuala Lumpur International Airport was just 45 minutes away and port facilities were also available.


Opportunities


Following a meeting of the delegates with the members of the E-Club here, several manufacturers had evinced interest in exploring opportunities in Malaysia, he said. The entrepreneurs would be able to get 75 per cent of the travelling expenses from the Government.

Some banks here had also evinced interest in units that were willing to invest in Malaysia.

Hence, the E-Club has proposed to take a delegation to Negeri Sembilan soon.

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