(MENAFN- Qatar News Agency) ala Lumpur April 20 - The United Kingdom (UK) Ministry of Defence (MoD) is encouraging Malaysian companies to bid for UK Armed Forces supply contracts. Speaking to Bernama news agency UK Trade and Investment for Defence and Security Organisation (UKTI DSO) Senior Spokesperson Adam Thomas said "We want to see more Malaysian companies looking to the UK for future market. "We see tremendous development in the industrial sector in defence and security and we see no reason why Malaysian companies should not be in the UK." Thomas spoke on behalf of Minister for Defence Equipment Support and Technology Philip Dunne who was in Kuala Lumpur for the 14th Defence Services Asia Exhibition and Conference Bernama said. "We also have one of the most open procurement system in the world and there is no barriers to Malaysian market at all" he said and added "over 40% of UK defence budget is allocated to foreign companies." He said companies could apply online for a publication called "Contracts Bulletin" that lists every contract available. In the financial year 2012/13 the UK MOD spent approximately Pounds 18.5 Billion with third parties to buy and support all the equipment and services that the armed forces need to operate effectively report said.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.