Automotive and construction machinery into the ASEAN market investment hot spots

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