Export Mission to Antananarivo, Madagascar

Malaysian Trade and Investment Mission to Antananarivo, Madagascar
Date:10-15 November 2019
Venue:Antananarivo, Madagascar

INTRODUCTION

Madagascar is an island nation in the Indian Ocean near the East African coast. is the world’s largest exporter of sapphires, from the south in Ilakaka near Isalo’s range, and a few well-organized multinational companies have built mines (such as the well-known Canadian Illuminite mine in Fort Dauphin.)

Madagascar’s imports totaled US$3.9 billion in 2018. That dollar amount reflects a 17.1% increase since 2014 and a 7.5% improvement from 2017 to 2018. Given Madagascar’s population of 25.7 million people, its total $3.9 billion in 2018 imports translates to roughly $150 in yearly product demand from every person in the East African country.

Madagascar’s most valuable imported products during 2018 are refined petroleum oils ($616.3 million) followed by rice ($243.1 million), medications ($91.6 million), trucks ($83.3 million), wheat ($70.2 million), palm oil ($67.7 million) then cars ($66.9 million).

Madagascar’s top 10 imports accounted for about three-fifths (59.2%) of the overall value of its product purchases from other countries. Imported mineral fuels including oil had the fastest-growing increase in value among the top 10 import categories, up 26.6% from 2014 to 2018 due mainly to increased costs from refined petroleum oils. In second place for improving import purchases were pharmaceuticals, up 21.3%. Malagasy imports of wool delivered the third-fastest gain up 14%. The animal, vegetable fats, oils and waxes category was the laggard among the top 10 Malagasy imports, incurring a -17.7% decline.

MISSION OBJECTIVES

  • To develop and enhance bilateral trade between Malaysia and Madagascar
  • To promote and market Malaysian Products and Services – Madagascar imports almost everything from overseas.
  • To participate in various special projects identified and announced by the Honorable President
  • To participate in developmental projects such as infrastructure and construction sector in low cost housing, railways, airports as well as solar energy
  • To explore other investment opportunities in the field of palm oil, manufacturing, agriculture, mining, tourism and education
  • Among the programs that will be arranged for this mission are as follows:

  • Business matching session with potential buyers, sellers and partners
  • Visits and briefings by selected Ministries
  • Industrial visits and project briefings
  • Business forum and networking dinner
  • ESTIMATED COST

    RM 14,600.00 per pax
    (inclusive of economic class travel by Air Mauritius with one night stay in Mauritius and 4 nights single room accommodation with breakfast at IBIS hotel in Antananarivo)

    RM 13,600.00 per pax
    (inclusive of economic class travel by Air Mauritius with one night stay in Mauritius and 4 nights double room occupancy with breakfast at IBIS hotel in Antananarivo)

    DATE ITINERARY
    Day 1 (10th November 2019, Sunday) Morning
    : Depart from KLIA International Airport by Air Mauritius
    : Arrived in Mauritius and one-night transit stay in Port Louis, Mauritius
    Day 2 (11th November 2019, Monday) Afternoon
    : Depart Mauritius and arrive at Antananarivo, Ivato International Airport
    Day 3 (12th November 2019, Tuesday) Morning
    : Mission briefing at the Hotel;
  • Welcome address by the Representative of the President Office
  • Briefing by the Chairman of Madagascar Malaysia Business Council
  • Briefing by a representative of a Bank in Madagascar
  • Briefing by the Madagascar Chamber of Commerce and Industry

  • Afternoon
    : Courtesy calls
  • President of Madagascar (selected delegates only)
  • Courtesy calls on selected Ministers including Foreign Affairs,
  • Commerce and Public Utilities followed by City Tour

  • Evening
    : Official dinner hosted by government of Madagascar (Minister of Foreign Affairs)
    Day 4 (13th November 2019, Wednesday) Whole day
    : Business Forum- Official Opening by the Minister of Commerce followed by business matching session

    Evening
    : Dinner hosted by the delegation and networking with local Officials and businessmen
    Day 5 (14th November 2019, Thursday) Whole day
    :Industry visits- Supermarkets, Warehouses, Free zones, Projects briefing etc
    Day 6 (15th November 2019, Friday) Morning
    : Own arrangement

    Afternoon
    : Check out hotel : Depart to Kuala Lumpur by Air Mauritius Airlines
    MANAGED BY

    Malaysian Export Academy
    No. 86, Jalan BP 7/8,
    Bandar Bukit Puchong,
    47120 Puchong, Selangor.

    Tel : 03-8066 3107
    Fax : 03-8066 6152

    Please register by faxing the enclosed form to 03-8066 6152

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