Wire and Tube Southeast Asia opens on Sep 18

 

Since its inaugural staging in 1995, the specialist trade fair, Wire Southeast Asia, has set the bar as the region’s leading trade-focused platform for international exhibitors to showcase their latest wire and cable processing equipment and machinery, products and solutions to key local and global manufacturers, suppliers, and service providers for the wire, cable, spring-making and fastener industries.  Held alongside the synergistic Tube Southeast Asia, both trade events will bring together some 400 exhibitors from over 30 countries, providing an attractive focal point and springboard for both international companies and local businesses wanting to make their foray into Asia’s markets. The exhibition addresses current and future demands by showcasing leading-edge innovations, machinery and technologies related to wire and tube production.  

 

Cities all over Southeast Asia are on a growth trajectory, as industry projections indicate about 100 million people in ASEAN are expected to migrate from the countryside to cities from now through to 2030. From an economic standpoint – urbanization which generally brings about improved productivity, better incomes, education, healthcare and transport, also comes with its own set of challenges. Hence the need for 'smart cities', where information and communications technologies are integrated to improve operations across traffic flows, public transportation, energy and water usage and even healthcare services. In the case of Thailand, the country plans to transform its economy into a digitally powered ecosystem – creating no less than 100 "smart cities" over the next two decades.

 

The set-up of the ASEAN Smart City Network (ASCN) to support urbanization will serve as a common platform for each of the region's countries to share best practices, link member cities with private investment and secure funding. The effect of ASCN was seen in March this year, where the Australian government pledged A$30 million (S$30.3 million) into ASEAN smart cities. While in June last year, the World Bank and the Swiss government established the US$13.4 million (S$18 million) Indonesia Sustainable Urbanization Multi-Donor Trust Fund to ensure the country's urbanization process is economically, socially and environmentally sustainable. 

 

In tandem, Southeast Asian nations are expected to spend US$323 billion on infrastructure developments, from clear water, clean air, energy, roads, ports, railways, to education and healthcare – promising business prospects for the region’s construction companies. In Thailand, its government has pledged 1.5 trillion baht (S$62 billion) over the next five years to boost growth and develop its three eastern provinces as the Eastern Economic Corridor, with infrastructure spending to remain a key driver for the economy and new development projects.

 

 

These market opportunities led by rapid urbanisation coupled with Southeast Asia’s booming infrastructure developments will undoubtedly trigger higher demand for wire, cable, tube and pipes thanks to its versatility and rising application across a myriad of industries, from upstream, to midstream and downstream. Likewise, its use in end-use industries from automotive, household appliances to consumer electronics will further bolster demand.

Against these robust industry outlook and trends, wire and Tube Southeast Asia 2019’s timely staging provides companies the opportunity to step up on the main stage of the industry. In making a foray into the emerging Southeast Asian markets, and specifically Thailand, businesses will get to present new products, meet decision makers, discover new opportunities and build strong and reliable partnerships through their participation at the trade fairs. 

 

Wire and Tube Southeast Asia 2019 is scheduled to take place on 18-20 September in BITEC, Bangkok. This latest edition will simultaneously present an all-encompassing range of innovative machinery in wire, cable, tube and pipe manufacturing, processing and finishing, fastener technology, new processes in measuring, control and test engineering and specialist areas, as well as new and upgraded tools and auxiliary materials. The specialist trade fairs with visitor profile that includes manufacturers, suppliers and buyers from the wire, tube, iron and steel, automotive, chemical, building and construction, energy and electrical industries, will be augmented by a series of industry-focused conferences and seminars.

 

Held biennially, the synergistic trade fairs will be grounds to the global expertise by over 400 leading wire, cable, tube and pipe exhibitors from around the world. Some 9,000 trade visitors are expected to visit – reaffirming Wire and Tube Southeast Asia’s draw as the focal platform to insights of the industries’ latest developments and an arena for face-to-face meetings in forging business linkages and partnerships. For more details, visit: www.wire-southeastasia.com | www.tube-southeastasia.com