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Malaysia and Singapore High-Speed Rail project

Laetitia Boura - 29-juil.-2016 06:09:38
  On the 19 th July 2016, Malaysia and Singapore signed a Memorandum of Understanding on the Kuala Lumpur-Singapore High-Speed Rail (HSR) project, signifying both countries’ commitment towards this iconic project.   Singapore Prime Minister Lee Hsien Loong and his Malaysian counterpart Najib Razak signed the agreement contract during an official ceremony, which was held at the latter’s official residence at Sri Perdana.   Each country will be responsible for the development, construction and maintenance of the civil infrastructure and stations within their own domain through MyHSR Corporation for Malaysia and the Land Transport Authority for Singapore.   The HSR project, targeted for commercial operations in 2026, will have eight stations, namely Bandar Malaysia, Putrajaya, Seremban, Ayer Keroh, Muar, Batu Pahat, Iskandar Puteri and Singapore. The 350km rail would reduce travel time between the two countries to just 90 minutes, with speeds of over 300km per hour.    The rail link reflects improved relations in recent years and both governments will call for open international tenders in August 2016 to appoint a joint development partner.

Colas Rail won Malaysia MRT2 package

Kim Hwa KHOO - 05-juil.-2016 09:28:19
MRT Corp has awarded the system work package SY205 of MRT Sungai Buloh-Serdang-Putrajaya (SSP) Line (MRT2) to Colas Rail Consortium. The RM 693.03 million (152.46 million euro) package includes the engineering, procurement, construction, testing and commissioning of power supply and distribution system. The decision was made following a One-Stop Procurement Committee Meeting (OSPC) chaired by Prime Minister Datuk Sri Najib Razak. Meanwhile, the system work page of commercial telecom and information technology has been awarded to local company Sapura – EVD Consortium, while another local company SN Akmida Holding Sdn Bhd has won the construction of Sungai Besi Police Quarters.   To be able to win the bidding process, foreign companies need to prove in their tender that they have created joint venture with local company, with the weightage of work undertaken by the local company to be no less than 30%.  MRT requires local companies to participate actively in the MRT Project to further encourage knowledge transfer into Malaysian economy .

Sephora opened its 16th store in Malaysia at 1Utama

Lyslie Legendre - 28-juin-2016 10:04:10
The beauty-retail concept founded in France by Dominique Mandonnaud in 1970 and owned by LVMH group, launched earlier this year its Malaysian online shopping site to complement its physical stores nationwide and has just opened a new boutique on the 17th of June at 1Utama.

French Fashion Brand LANCEL’s 10th anniversary

Niki CHEVIGNARD - 20-juin-2016 06:33:42
  The French accessories and luxury leather goods Maison Lancel, celebrated its 10 th birthday in Kuala Lumpur in May.   Hosted by Nicolette Veendorp, Lancel Principal from France, Victor Kaw, Maybank Head of Cards of Malaysia and Mrs Angie Kok, Managing Director of Le Monde Fashion Group, the event gathered more than 100 guests on 19 th May at The Gardens Mall, Midvalley.   The white and gold colour themed event started with aperitifs and a ribbon cutting ceremony, followed by the LANCEL Spring/Summer 2016 fashion show. A French craftsman was invited to the store, where guests were offered a crafting demonstration and a bag customization.  

Langkawi Cosmetic Island: a cluster development between Bioeconomy Corp and the France-based industry association, Cosmetic Valley

Niki CHEVIGNARD - 15-juin-2016 06:43:47
  Bioeconomy Corp (previously known as Biotech Corp) and Cosmetic Valley plan to develop the first cosmetics cluster in ASEAN. Named Langkawi Cosmetic Island (LCI), the project is estimated to cost up to RM 500 million and will start at the end of the year. Entirely devoted to bio-cosmeceuticals and wellness industries, this 300ha site will gather facilities that can cater for a variety of purposes, including manufacturing, packaging, formulation, product development as well as plantations of high-value ingredients.   With this partnership Malaysia is expected to become a leading actor in ASEAN as a raw material, halal beauty products and herbal cosmetics manufacturer. It aims for collaborative research, development and innovation activities between French and Malaysian SMEs, contributing to the global cosmetics market. Through this major program, more than 5 000 jobs will be created by 2020.   (Sources : The SunDaily, New Straits Times)  

Decathlon opens its first store in Kuala Lumpur, Malaysia

Niki CHEVIGNARD - 09-juin-2016 11:57:23
  The French leading sports equipment provider Decathlon inaugurated its first shop in Malaysia on the 26 th of May, following their openings in Thailand in 2015 and in Singapore, this year.   Located in Kuala Lumpur’s northwest suburbs in Sri Damansara, the new store covers more than 2 500m² dedicated to sports clothing and equipment. The store will provide to its customers “test zones”, allowing them to try the products before purchasing. Consumers will have the opportunity to discover new brands in Malaysia. In total, more than 90 000 products covering 60 sports including hiking, running, cycling, badminton and watersports will be available. At the same time, Decathlon also launched its e-shop for Malaysia.   Decathlon plans to open 60 stores within the next 10 years in Malaysia. On the first week, the French brand already registered more than 10 000 visitors, including 3 000 buyers. Decathlon was highly expected and well-known for its specialized employees, the technical products and the good value for its affordable prices.   Sources: Corporate Decathlon, Le petit journal.  

May 29th – June 3rd 2016 « Bpifrance, Société Générale & Business France: French Infrastructures Excellence Trade Mission »

Guillaume SCHICKELE - 08-juin-2016 04:22:16
From the 29 th May to 3 rd June 2016 a French Infrastructure Excellence trade mission was co-organized by BusinessFrance, BpiFrance and Société Générale. A delegation of 16 French companies were hosted by the respective Business France offices located in Singapore & Kuala Lumpur. Singapore and Malaysia are considered by recent surveys as the top 2 most attractive infrastructure markets in Asia, which resulted in decision to appoint the two nations as joint host countries for a French Infrastructure Excellence mission. The 16 French companies who were selected for the mission are experts in fields of infrastructure, with a focus on railways solutions, construction equipment and services, urban innovation and energy systems. The companies were selected by Business France (Trade Commission), Bpifrance, the French Public Investment Bank and by Société Générale, one of the leading financial Banking and services groups in Europe. The purpose of this mission was to highlight the potential areas of business between French companies and the Malaysian market, with the aim of creating new partnerships and collaborations in the near future. On the morning of 1 st June, the delegation was welcomed in Kuala Lumpur by His Excellency Mr. Christophe Penot, Ambassador of France and by Mr. Nasser El Mamoune, French Trade Commissioner and Director of Business France in Malaysia. After several key presentations on macroeconomic topics and cultural differences in Malaysia, a networking lunch was organized with members of various public agencies as well as key players in the infrastructure sector. The first two days of the mission were dedicated to Business meetings, and the second day ended with a business coaching session and a cocktail at the Residence of France.  The mission was a real success, with very promising results and a clear demonstration of the strong potential and value-add of French expertise in Malaysia and South-East Asia.
About
Welcome to the French Trade Commission – Business France office in Malaysia! “Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Founded on January 1, 2015 through a merger between UBIFRANCE and the Invest in France Agency, Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners.” As a member of the French diplomatic network in Malaysia, Business France’s three missions are: - Fostering export growth by French businesses. - Promoting and facilitating international investment in France.

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