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Minister of State for Trade

B.C. announces two new trade and investment offices in Southeast Asia

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Minister of State for Trade

B.C. announces two new trade and investment offices in Southeast Asia

Media Contacts
Media Relations
Ministry of International Trade
and Responsible for Asia Pacific Strategy
and Multiculturalism
250 356-9801
Jamie Edwardson
Communications Director
Ministry of Finance
250 356-2821
Media Contacts
Media Relations
Ministry of International Trade
and Responsible for Asia Pacific Strategy
and Multiculturalism
250 356-9801
Jamie Edwardson
Communications Director
Ministry of Finance
250 356-2821

Backgrounders

Trade and Investment in Malaysia
  • In 2014, Premier Christy Clark travelled to Malaysia, Singapore and Hong Kong to promote the development of B.C.’s liquefied natural gas (LNG) industry.
  • Malaysia has been recognized for its rapid success into becoming one of the world's leading trading nations with a diversified economy consisting of both export (energy, commodities and manufactured electronics) and domestic (financial services, tourism, and domestic consumption) led sources of growth.
  • Malaysia is currently ranked sixth-largest destination for B.C. exports in ASEAN.
  • Canadian companies in Malaysia employ thousands of Malaysians.
  • In April 2016, a B.C. company, Heli-One – the world's largest independent provider of helicopter maintenance, repair and overhaul services – announced a contract to refurbish helicopters for the Sultan of Johor and a contract to upgrade the Sikorsky S-61 helicopter fleet for the Royal Malaysia Air Force in partnership with AIROD, Malaysia’s leading aviation maintenance, repair and overhaul centre.
  • In the last year, exports to Indonesia grew 10.2% from $214 million in 2014 to $237 million in 2015, with pulp exports being the driving force behind that growth.
  • B.C. trade and investment representatives played a key role in facilitating and supporting more than 480 inbound and outbound trips involving B.C. companies and organizations in 2015-16.
  • B.C. will have 14 TIR offices when Malaysia opens its doors in 2017. Other offices are located in Japan, South Korea, India, China, the Philippines, Indonesia, Europe and the United States.

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