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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 2 sources · 5 days · First seen · Last updated
Chilgok County trade mission to Malaysia
Overview
Chilgok County, South Korea, launched a trade mission to Malaysia to expand overseas markets for local small and medium-sized enterprises. Led by County Governor Kim Jae-wook, the delegation included ten companies specializing in automotive parts, industrial materials, food, and household goods.
The mission involved export consultations, market trend briefings, and meetings with organizations such as the Federation of Malaysian Manufacturers and the Selangor and Federal Territory Machinery and Automotive Parts Traders Association. Activities also included visits to the MIAPEX 2026 exhibition and local distributors to study consumption markets.
The delegation secured significant results, conducting 80 export consultations and signing 10 Memorandums of Understanding valued at $5.11 million. Notably, SD Nexphere, a manufacturer of oil field equipment, signed contracts worth $175,000, with expectations of at least $3 million in exports over the following three years.
Entities
Malaysia · Gyeongsangbuk-do Economic Promotion Agency · Chilgok County · Kim Jae-wook · KMT Group
Timeline
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[BUSINESS] 2 sourcesChilgok-gun market delegation secures export deals in Malaysia
Ten companies from Chilgok-gun, South Korea, secured $5.11 million in MOUs and significant export contracts during a market development mission to Malaysia.
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[BUSINESS] 2 sourcesChilgok County leads trade mission to Malaysia
Chilgok County Governor Kim Jae-wook is leading a 10-company trade mission to Malaysia to secure new export markets for local automotive, industrial, and consumer goods manufacturers.
Sources
hidomin.com · imaeil.com