thailand becomes asean's manufacturing hub

thailand becomes asean's manufacturing hub

2024.11.25 17:01 時報資訊

【Times reporter Ye Shian reports from Taipei】The 2024 Taiwan Image Exhibition in Thailand ended on November 23 in Bangkok, Thailand. The three-day exhibition attracted more than 15,000 visitors and created business opportunities worth US$63.57 million. This exhibition focuses on three major areas: smart manufacturing, smart healthcare, and circular economy. It not only showcases Taiwan's technological strength, but also brings Taiwan's cultural experience activities and tourism resources, promoting long-term cooperation and common development between Taiwan and Thailand in multiple fields. Taiwan and Thailand have maintained close exchanges in recent years, and bilateral trade volume has shown sustained growth. In 2023, Thailand will be my country's 13th largest trading partner, and the number of Thai tourists and students studying in Taiwan has also continued to increase. The Taiwan Image Exhibition in Thailand has successfully served as an important platform for economic, trade, and cultural cooperation and exchanges between Taiwan and Thailand, and will open up new opportunities for cooperation between Taiwan and Thailand in the new changes in global economic and trade.

▲The 2024 Taiwan Image Exhibition in Thailand focused on three major areas: smart manufacturing, smart healthcare, and circular economy, creating business opportunities worth US$63.57 million and further expanding new opportunities for cooperation between Taiwan and Thailand.

In order to assist our exhibitors in deepening exchanges and cooperation with Thailand, a number of heavyweight buyers were invited to participate in negotiations during the exhibition, including Charoen Pokphand Group, SCG Chemical Company under Royal Elephant Cement Group, BJC Group, ASI, a large auto parts manufacturer, Bangkok Christian Hospital, JSP Pharmaceuticals, etc. Visiting buyers spoke highly of the forward-looking and innovative products displayed by Taiwanese companies, which are in line with the consumption trend of intelligence and sustainable development.

In order to achieve the sustainable goal of net zero, reducing carbon emissions in the process is an issue that all manufacturing industries must face. The diversified management solutions of Taiwanese companies have been recognized by Thai buyers. SeaSonic provides modular micro-hydropower generation and non-invasive micro-sensor energy management solutions, which have the potential to assist enterprises in rapid energy digital transformation. During the exhibition, it attracted the attention of many Thai system integrators and local operators, and subsequent business opportunities are expected. Ruiyang Information provides net zero carbon emission data and verification collaboration cloud services, and also said that this exhibition has been very rewarding and it is looking forward to working with local partners to promote Taiwan's high-quality cloud services.

The demand for smart medical technologies and services is rising in Thailand. The health industry has also become a highlight of this Thailand-Taiwan Image Exhibition, and exhibitors have also achieved remarkable results. Sanding Biotech (stock code: 6808), which is participating in the exhibition for the first time, is developing a human tissue and organ reconstruction platform and developing exclusive, customized and personalized high-end medical equipment. The project products developed by the company are mainly divided into two categories: soft tissue and hard tissue reconstruction medical products. During this exhibition, we successfully signed a 3-year supply order with a Thai agent and distributor, providing them with braces, bone shapes, formed dental septum fixing kits and other products. It is estimated that the contract period will bring in business opportunities of US$450,000.

BioU Biotech's circulating tumor cell staining reagent kit and semi-automated platform have signed a memorandum of cooperation with Thai biotech company ATGenes. The two parties intend to deepen cooperation in the future and introduce BioU Biotech's products into the Thai genetic testing market. The smart sensing mattress launched by FuRen Company has been favored by local medical equipment suppliers. Thai companies plan to introduce it to medical institutions, with the first batch expected to purchase 100 sets of mattresses. This cooperation will not only enable the technology to be quickly applied to more products, but also is expected to expand the market size in Thai medical institutions.

▲Sanding Biotech (stock code: 6808) received a warm response from the Thai dental market at this exhibition and successfully signed a 3-year supply contract with a local agent, which is expected to bring in business opportunities worth US$450,000