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M

arch

2009

www.read-tpt.com

14

I

ndustry

N

ews

steel. Vietnam has plans for a major steel

complex with a capacity of 7.5 million

tonnes per year starting in 2011.

Taiwanese companies will invest US$6

billion in the plant. Malaysia plans to

expand its steel industry through investing

around US$13 billion to support the needs

of the metal fabrication, engineering and

construction industries.

Thailand is one of the largest

petrochemical producers in the world and

continues to invest in new facilities, with

at least six major plants set to start up in

2010.

Vietnam plans to invest heavily in

petrochemicals and petroleum refining.

Two oil refineries are being built and a third

targeted for completion in 2015.

A number of gas transmission projects

have been proposed in Indonesia, including

the building of a gas pipeline from South

Sumatra to Batam.

“The importance of the southeast Asia

tube and pipe market cannot be over-

emphasised. The relocation to Bangkok

was readily supported by the ITA as we

recognised the importance of the Thai

market as well of those in surrounding

countries. The successful outcome of

the 2007 exhibition fully justified that

support,”

says Mr Albert Sedlmaier,

chairman of the International Tube

Association (ITA).

Tube Southeast Asia 2009 is organised by

Messe Düsseldorf Asia, with sponsorship

and support from the International Tube

Association.

Messe Duesseldorf Asia

– Singapore

Fax

: +65 6337 4633

Email

:

tube@mda.com.sg

Website

:

www.tube-southeastasia.com

Vietnam, Malaysia and Indonesia are

prioritizing their infrastructure development

so as to enhance their competitiveness and

long-term growth. Thailand has recently

set a goal to complete the 770 million baht

Bangkok mass transit project within 3.5

years.

The

automotive

industries in Thailand,

Indonesia

and

Malaysia continue to

grow in importance

as end users of wire,

cable, tube and pipe

products.

In 2007, Thailand

manufactured close

to 1.3 million light

vehicles, a figure

that is forecast to

grow to over 2 million

by 2012. Indonesia

has emerged as an export centre for multi-

purpose vehicles. Malaysia’s automotive

clusters are to be developed at several

locations and local production of parts and

components is also set to rise.

The Thai Board of Investment (BOI) aims to

promote the upstream steel sector, turning

Thailand into ASEAN’s hub of high-quality

Tube/wire Southeast Asia will take place for

the second time from 13-15 October 2009

at the Bangkok International Exhibition

Centre (BITEC), Thailand.

Following a highly successful launch show

in 2007, which attracted 381 exhibiting

companies from 30 countries and 7,038

visitors, the event is set to build on the

success of Southeast Asia’s economic

growth.

Southeast Asia continues to exhibit good

economic development despite the global

economic situation, with Vietnam leading

the region with 8.5 per cent growth in 2007.

Thailand, Singapore, Malaysia, Indonesia

and the Philippines have also recorded

positive growth. GDP projections for these

countries remain positive for the next few

years.

Foreign direct investment (FDI) inflow

registered a 25 per cent increase in 2006, to

reach its highest level of US$51 billion. The

Thai government is targeting investment of

one trillion baht by 2009 from both domestic

and foreign businesses. Both Vietnam

and Malaysia are viewed as competitive

investment destinations.

There is a necessity for infrastructure

investment in Southeast Asia. Thailand,

Second time round for Tube Southeast Asia 2009

Bangkok will again be host city to the second Tube/wire Southeast Asia

Home to Tube Southeast Asia – the Bangkok International Exhibition Centre