TPT July 2017

I NDUS T RY

Tube Southeast Asia 2017 returns to Bangkok TUBE Southeast Asia 2017 returns to the Bangkok Trade & Exhibition Centre (BITEC), Bangkok, Thailand from 19 to 21 September. The Asian Development Bank (ADB) estimates that through to 2020 energy and transport sectors will form 62.6 per cent of the total ASEAN infrastructure investment needs. This is in tandem with Goldman Sachs’ projection on infrastructure spending in power and transport of four ASEAN countries (Thailand, Malaysia, Indonesia and Philippines), which will amount to US$524bn by 2020. Another major ASEAN infrastructure initiative is the ASEAN Power Grid (APG), which will see investment requirement of US$5.9bn, as well as the Singapore-Kuala Lumpur high speed rail, which will span 350km and is expected to start operations in 2026. On the manufacturing front, should ASEAN implement the ASEAN Economic Community’s integration strategy fully and be able to capture a larger share of global manufacturing, the region could gain up to US$625bn in annual GDP by 2030 as stated in a recent report by the McKinsey Global Institute. At the last event in 2015, the co-staged exhibitions were presented by 411 internationally prominent companies from 33 countries including seven national pavilions and country groups from Austria, China, Germany, Italy, Taiwan, the UK and USA. The three-day exhibition welcomed 7,144 international trade visitors from 56 countries in total. Almost 33 per cent of these visitors came from outside Thailand, fromcountries such as Bangladesh, India, Malaysia, Singapore, Taiwan, Indonesia, Myanmar and Pakistan as well as visiting delegations from China, Japan, Korea and Vietnam, manifesting wire and Tube Southeast Asia 2015 as the regional platform for the wire and tube industries. The trade fairs also received visits by 73 local factories from Bangkok Steel Wire, Bangkok Cable, Kulthorn Materials & Control and Thai Wire Products, among others.

MACHINERY FOR TEE JOINTS & LOOSE FLANGE JOINTS

Tube Southeast Asia 2017 – Thailand Website: www.tube-southeastasia.com

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JULY 2017