Buoyed by positive factors, the future of Thai electronics is looking very bright.  The FTA in BIMSTEC countries have opened up opportunities, and key multinationals such as Toshiba Storage Devices Thailand, Mineabea, and SVI are proceeding upon investment plans.  ‘NEPCON Thailand 2011’ the leading exhibition for electronics parts manufacturers has been very active from late last year as major brand owners and Thai manufacturers, and foreign companies sign up in large numbers for the June 23-26, 2011 exhibition at BITEC, Bangna, Bangkok, Thailand.

Mr. Duangdej Yuaikwarmdee, Deputy Managing Director of Reed Tradex Company said that in the past year Thai electronics industry showed improved trends where factors such as the free trade between Thailand and the 7-nations BIMSTEC (Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation) promoted bright short term outlook with more than 5,000 items of reduced tax items expected to expand trade by 25%.  From Thailand, these items included -- consumer products, electrical appliances and jewelry products.  Moreover, major multinationals in the electronics industry has given more importance to Thailand’s position as a production hub by proceeding with substantial investment plans.  Toshiba Storage Devices (Thailand) will invest 10,025 million baht to increase their production capacity by another 62.2 million pieces a year.  Mineabea Company of Japan plans to invest 120,000 million baht in two new plants in Thailand, while SVI PCL has plans for investing 700 million baht in expansion program to improve production efficiency in response to higher demand especially from Europe.

With such positive factors, NEPCON Thailand 2011the number one show for electronics parts manufacturers in ASEAN and part of the NEPCON series worldwide, is especially active this year. World named brands and technology owners such as Nihon, JUKI, Transtec, OMRON, etc. which are leading technology owners from Japan, Spain, Singapore, Germany, Malaysia, USA, Sweden, and etc. are participating in the exhibition.  Again the Association of Electronic Industries in Singapore (AEIS) has assured of Singaporean government support in bringing Singaporean manufacturers to show leading edge technologies at the ‘Singapore Pavilion’.   Moreover, visitors who are electronics manufacturers in Thailand and regional countries are also very active and have pre-registered in large numbers beginning late last year and continuously this year, to become eligible for special privileges and smooth processing in entering the exhibition.  This is a great opportunity for building strength and business opportunities at NEPCON Thailand 2011 from 23-26 June 2011 at BITEC, Bangna, Bangkok, Thailand and is not to be missed. Those who interested, please visit www.nepconthailand.com.

Reed Tradex