Int’l machinery, supporting industry fairs underway

Illustration photo

The fairs are organized by the municipal Department of Industry and Trade’s Supporting Industry Development Centre, the Korea Association of Machinery Industry, Coex Viet Nam and the HCM City Association of Mechanical – Electrical Enterprises.

The event offer opportunities for companies in the manufacturing and supporting industries to compare notes and explore business opportunities.

The two fairs feature 300 exhibitors from 12 countries and territories, including the Republic of Korea, Thailand, Japan, Singapore, the U.S., UK, China, Germany and Viet Nam.

30% of the 460 booths are displaying supporting industry products produced by Vietnamese companies and metal products and metalworking solutions, 25% are showcasing automation solutions and motion control systems, industrial materials and components, and construction machinery, and the rest have factory and electrical equipment.

Speaking at the inauguration, Chairman of the municipal People’s Committee Nguyen Thanh Phong said the city has been focusing on the development of processing and manufacturing industries to produce supporting products for domestic consumption and export.

Supporting industries are critical and will be a growth engine for other industries, he said.

In addition, there will be specialised seminars, field visits and business-matching events to update participants on the top international trends and technologies, and offer business opportunities

The city has attractive policies to solicit foreign investment in its supporting industries.

The event will run until December 14.

By Vien Nhu