Automotive and construction machinery into the ASEAN market investment hot spots

Author: viedy
Investment Hot One: Automotive
ASEAN is a major global automotive industry sales growth in the world. Experts predict that the area car sales will be about 16% of annual increments continue to rise. With the lifting of trade barriers, car manufacturers in the ASEAN free trade area can under plans to shift production to higher margin areas. ASEAN market more than 500 million people is a huge temptation to not look down on the market.
On the Ford Motor Company in Malaysia, Thailand, Vietnam and the Philippines, and manufacturing facilities in Indonesia, there are responsible for sales and service outlets. China's Chery Automobile to enter the Malaysian market, the industry once caused quite a stir. On November 12 last year, Chery company fully authorized to ALADO manufacture, assembly, distribution and import agents Chery cars. Chery hoping to enter the Association of Southeast Asian Nations to establish a stronghold. Cooperation into a more far-reaching significance of the ASEAN automotive market. But this year, General Motors, Chery Automobile has been the grounds of the prosecution of intellectual property, making Chery development in Southeast Asia with huge obstacles.
Investment Hot 2: Mining and power plant construction
ASEAN is in the resource development and power facilities construction boom period. Recently, a number of world attention to Vietnam aluminum Aluminum Group. Such as Australia, the world's largest aluminum group BHP-Billiton, China's Yunnan Metallurgical Company, Russia's Rusal, BHP.Billiton Group Deng Jun expressed its willingness to cooperate with Vietnam in mining, sharing many of agricultural bauxite mineral resources of this rare and precious . In particular Japan, Thailand and South Korea Bauxite resources of the shortage of state, also hope to cooperate with the Vietnamese mining aluminum.
At present Indonesia's electricity demand growth rate of 10%, electricity demand growth in the ASEAN region is one of the fastest. Japanese power company is optimistic about the market demand, working with the Indonesian Mines and Energy recently approached to ask about the power investment in the mining business license regulations and handle the matter, interest in Cilegon power plant and the Government to encourage the development of the 12 infrastructure.
China-related enterprises in Thailand have held up quite well. Tianjin International Trade Group Co., Ltd. Electrical and grasped the Thai government to solve the power shortage problem, encourage private development of green energy projects the opportunity to set up investment in Thailand waste palm oil and rice husk as fuel, "green" power station. Total 4.4 million U.S. dollars export equipment.
Hot 3: Engineering contracting and related machinery exports
To further speed up the pace of economic development, the ASEAN governments have accelerated the construction of infrastructure upgrading and increasing its investment. With the regional economic integration among countries of road traffic will have networking. Such as connecting Malaysia, Vietnam and other countries of the Trans-Asian Railway has begun fund-raising. In addition, the Indian Ocean tsunami disaster reconstruction business opportunities in Southeast Asia is not small.
Economists expect the next few years in Southeast Asia in the rehabilitation of infrastructure, hotel industry, construction and reconstruction of civilian housing will hit a rare size. On the metallurgy, power industry and the steel, cement and other building products demand will surge. In particular, the demand for construction machinery is strong.
Production of value-added machinery is expensive durable goods, compared with Europe and the United States on similar products, the Chinese engineering machinery products have significant cost advantages. Taiwan, Europe and the United States is usually the purchase of a daily production of machinery and equipment prices have nearly the same equipment in China the price of the entire production line. "China Machinery," the brand is now Vietnam's construction machinery market generally accepted in the local related industries enjoy a high reputation.

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