Fastener Shanghai
fastener
Official WeChat
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->Rapid urbanisation, increased infrastructure spend...You are the 653365 visitors
Views:670   |   recommendation:fastener   |   Votes:1   |   Discuss:0
Rapid urbanisation, increased infrastructure spending heightens demand in the wire, cable, tube and pipe industries

"Riding the wave of opportunity, wire and Tube Southeast Asia 2019 returns to the Bangkok Trade & Exhibition Centre (BITEC), Thailand from 18 – 20 September"


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 – urbanisation 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 urbanisation 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 Urbanisation Multi-Donor Trust Fund to ensure the country's urbanisation 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.


About wire and Tube Southeast Asia 2019

Reflecting the established credentials of the world’s leading trade fairs, wire Düsseldorf – the International Wire and Cable Fair – and Tube Düsseldorf – the International Tube Fair, and supported by prominent industry partners, wire and Tube Southeast Asia 2019, into its 13th and 12th editions respectively, 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 booth bookings and visitor registration, visit www.wire-southeastasia.com | www.tube-southeastasia.com

Source: www.wire-southeastasia.com, www.tube-southeastasia.com

2019/4/11 17:11:00

Previous:    Canada Launches Re-investigation on Carbon Steel Fasteners from Mainland China and Taiwan
        Next:    Fastenal Reports First Quarter Earnings

Recent Related News
The Fasteners Expo: Britain's biggest stage for suppliers of fastening and fixing solutions--2019-07-09
Contract Signing between Reed Tradex Vietnam and JETRO Hanoi for Vietnam-Japan Supporting Industries Exhibition (SIE 2019) and Vietnam Manufacturing Expo (VME 2019)--2019-06-11
CHALLENGES IN THE AUTOMOTIVE INDUSTRY AND MANUFACTURING EXPORTS WILL BE DISCUSSED IN FASTENER FAIR MEXICO 2019--2019-06-04
Increasing Demand for China Fasteners and Machinery in India - Photo Highlights of Fastener Fair India 2019--2019-05-20
FASTENER AND FIXING INDUSTRY IS EXPECTED TO WITNESS SIGNIFICANT GROWTH OVER THE NEXT SEVEN YEARS--2019-05-10
Manufacturing Expo 2019: ASEAN's leading machinery and technologies event for manufacturing and supporting industries Event --2019-05-05
NEW STRATEGIC ALLIES JOIN FASTENER FAIR MEXICO --2019-04-25
MEXICAN EXPORT MANUFACTURING COUNCIL TO JOIN FASTENER FAIR MEXICO 2019--2019-04-02
Reed Exhibitions closes acquisition of Mack Brooks Exhibitions--2019-03-25
International Fastener Expo Announces 2019 Show Dates and Hours --2019-01-30
Malaysia's largest event dedicated to metalworking and machine tools METALTECH to be held from 15-18 May 2019--2019-01-25
New at wire 2020 in Düsseldorf: Special exhibition areas for Fasteners and Springs--2018-12-06

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener7fastener

Fastener Trade Show Suzhou



China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•Vietnam Manufacturing Expo, Aug 14-16, 2019, Hanoi, Vietnam

•International Fastener Expo, Sep 17-19, 2019, Las Vegas, USA

•wire & Tube Southeast Asia, Sep 18-20, 2019, Bangkok, Thailand



Show Room



Offer Product

Latest News
• Taiwan Fastener Exports Show Positive Growth in First Four Months

• Steel enterprises taking the smart manufacturing plunge

Buyers' Guide
Company News

• Shanghai Fast-Fix: To Be the Preferred Supplier of Fastening Solutions to Automotive Industry Worldwide

• Yuxin Fastener System: Dedicated to Becoming the Leading Manufacturer of Anchors in China

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener