KUALA LUMPUR, Malaysia, Nov 23 (Bernama-BUSINESS WIRE) — 2020 Zhejiang Service Trade Online Exhibition (Malaysia-Logistics Service Session), hosted by Zhejiang Department of Commerce and undertaken by Zhejiang Samexpo Exhibition & Convention Holdings Co., Ltd, is going to be taking place from 23th November to 25th November by ZOOM.
In order to promote the sustained and stable development of the foreign trade economy in Zhejiang Province, Zhejiang Department of Commerce has been committed to cooperating with overseas enterprises to help them open up trade channels. Malaysia is strategically located in the heart of the 10-member Group of Southeast Asian Nations (ASEAN), playing a key role in global logistics and links, and creating enormous business opportunities. Malaysia has more than 50 maritime ports of different sizes, among which Penang, Port Klang and Tanjung Pelepas are world famous ports. According to the World Bank’s logistics capability Ranking in 2014, Malaysia ranks 27th in the world in six aspects: border inspection efficiency, transport infrastructure development level, logistics price competitiveness, logistics service quality, cargo tracking ability and on-schedule delivery ability. At present, Malaysia is building a core logistics center and striving to become a logistics giant in ASEAN with broad space for cooperation. The strong economic development momentum of Malaysia will greatly promote the development of the logistics field and directly stimulate the demand for logistics transport-related equipment and technical services in the fields of land transport, air transport and sea transport in Malaysia, which will be an excellent opportunity for Chinese logistics related enterprises to enter the Malaysian and ASEAN markets.