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CROATIA AND MALAYSIA TO CLOSE SEVERAL IMPORTANT BUSINESS DEALS

KUALA LUMPUR, 4 March (Hina) - Croatia and Malaysia will soon close several important business deals and strengthen their relations which are currently insufficiently developed, the Croatian Premier Zlatko Matesa said on Tuesday during his visit to Malaysia.
KUALA LUMPUR, 4 March (Hina) - Croatia and Malaysia will soon close several important business deals and strengthen their relations which are currently insufficiently developed, the Croatian Premier Zlatko Matesa said on Tuesday during his visit to Malaysia. #L# 'We are more than satisfied with the outcome of this visit', Matesa told reporters in Kuala Lumpur. "What we can particularly be satisfied with is that we are going to make one of our greatest investments here. The company 'Koncar' from Zagreb and 'Siemens' from Vienna are going to construct here a factory of transformers, which will open a vast market for 'Koncar'", Matesa said. During Premier Matesa's visit to Malaysia, several other business deals will be arranged. The Croatian construction company 'Hidroelektra' will continue the construction of roads in Saravah, part of Borneo which belongs to Malaysia, while 'Hrvatska brodogradnja' is likely to close new business deals concerning the construction of ships for the Malaysian state company. Business deals between Croatia and Malaysia are especially important because they mark the transition from classical trade to higher forms of economic cooperation, joint investments and projects. Premier Matesa visited today the Malaysian Chamber of Commerce in Kuala Lumpur, as well as several largest Malaysian companies. Premier Matesa presented the economic and financial situation in Croatia to Malaysian business people who gathered in the Malaysian Chamber of Commerce, and called for cooperation with Croatian companies. During the visit to the Malaysian Chamber of Commerce, the Croatian company 'Niva Kuala Lumpur' and the Malaysian company 'Tioman Pearl' signed an agreement on the construction of the first marina on the island of Tioman. The marina will be built by Croatian constructors. Matesa and his associates also visited the Malaysian state power industry Tenaga Nasional Berhad (TNB). Representatives of the Malaysian power industry were interested in their participation in the reconstruction of a 300 megawatt thermo-power plant in Zagreb. The Croatian delegation also visited the largest Malaysian bank May Bank whose capital amounts to 2 billion dollars. (hina) rm mm 041142 MET mar 97

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