To supply the best possible services to our customers we utilise all the experience from our multinational workforce. Also thanks to the many clients we have served during the years we have been in operation it has made it possible for us to develop cooperation’s and partnerships that cover many different sectors.
Below is a list of all the sectors in which we have worked in recently. For each of these sectors we have in-depth knowledge of the mechanisms from which they are driven and all factors affecting their markets.
Some sectors have always been very important in this area and foreign investment has driven great development and improvement in trade and production standards. These are:
The Food Processing sector in Asia has seen a constant growing trend in the last few years. The improved industry standards introduced across the board in this region also increased the volume of equipment purchased from Europe. Thanks to this and to the typical abundance of natural resources this area it has been considered “the Kitchen of the World” (Thailand has been recognised as the largest net food producer and exporter in the region, and also globally as a supplier of frozen seafood, rice, chicken, tinned tuna and pineapple, with other markets growing at a fast rate).
The Asian market has always been a very good destination for sales in this sector (especially for Italy where machinery is in the highest export goods category to ASEAN countries). The increased need of quality products is creating new opportunities for foreign investors and is pushing the need for new machinery that incorporates high technology.
Thailand and Malaysia produced together more than 3 million cars in 2012, 2,453,717 and 569,620 respectively. These figures show how important this sector is in this area. Motorcycle production is also significant in this area as well. The major factors that attract investors to enter the ASEAN automotive market include the large pool of skilled labour at affordable costs and the abundant supply of rubber. Also with high import duties on direct CBU imports, manufacturing locally gives a very competitive price advantage.
Apart from a small decrease in 2009, mostly due to the financial crisis around the world, exports from the ASEAN region to the rest of the world in this sector grew over the last five years. In 2012 the total export figure reached the 50,000 million USD mark. The textiles sector is also fundamental for Bangladesh where 80% of their export revenues come from this industry.
The manufacture industry, led by positive GDP growth in the ASEAN region (5.3% in 2011 and 5.7 in 2012), is giving a boost of strength to the chemical sector. The need for chemical products is growing steadily and many European companies are expanding their sales into the whole area.
In order to support the growth of Real Estate in ASEAN countries, we have created a new company called ALIFER. This will focus on supporting the continued demand for European suppliers with high quality standards in sectors such as:
The electronics sector in ASEAN is developed and represents a great number of local and multinational producers. The value exported in 2011 from ASEAN to the rest of the world was around 200,000 Million USD. Around one fourth of these exports were realised by Thailand which together with Vietnam and Malaysia, is one of the main producers in the area.
The increase in the purchasing power of the local population and the growing quality perception of the “made in Italy” brand are two of the main factors that are pushing the higher request of design furniture in Asia. Thanks to the development of the real estate market many new showrooms are opening to serve the high quality building material and furniture demand that is rising in the region with premium European brands at the forefront.
South East Asia has a rapidly expanding building market as incomes grow and credit becomes readily available. This has meant that demand for both raw and manufactured materials has reached record highs. The demand for commercial and residential buildings means that this market will continue to rise.
Malaysia, Thailand and Singapore have become a very important Medical and scientific hubs and this has increased the importance of sectors such as:
In the majority of ASEAN markets the pharmaceutical industry has seen steady growth due to its dynamic approach. The private sector has helped this market expand but it is reliant on household incomes of the local population. This makes the level of growth vary from country to country. But overall with more investment in R&D and manufacturing this sector is on par with Western counterparts.
ASEAN leaders identified Healthcare as one of the 12 priority sectors to help drive ASEAN integration. Singapore offers Western companies the best gateway to enter the region’s healthcare market. The country’s advanced infrastructure and high quality human resources have already drawn over 30 of the world’s leading life sciences companies to make it their regional hub. On the other side Thailand, the other globalising leader in the ASEAN hospital industry, has focused on the booming market for medical tourism.
This area has a substantial number of medical device manufacturers. But due to demand two-thirds of scientific and diagnostic instrumentation are imported. In general the market is well developed especially in countries like Singapore, Malaysia and Thailand (where in 2013 the market for these goods should be bigger than a million US dollars).
Recently the boom in the infrastructure request has raised the need of new technologies and it has open the market to new implementation and technologies developing these sectors:
With energy demand projected to almost double in the Asia and Pacific region by 2030, there is an urgent need for innovative ways to generate power. Although the presence of many natural resources: Coal, Oil and Natural Gas, there is room for new investors from other countries in this sector to fill many gaps in the market.
The development of the renewable energy is crucial for this area and high tech solutions coming from abroad often supported by local and regional institutions, will be fundamental in implementing this. Clean energy investments in 2010 in Asia reached $1.76 billion with access-to-energy projects exceeding $950 million, up from $418 million in 2009. Between 2003 and 2009 such assistance connected 1.27 million households to electricity.
The infrastructure sector has seen the number of new projects grow every year. The main goal in South East Asia is to better connect the different countries and to facilitate the movement of goods and people through the region. Projects such as the Mass Transit Plan in Bangkok, the Highway Corridors (to connect Myanmar, Thailand, Cambodia, Vietnam and Laos), the Dawei – Bangkok Corridor (to connect the new port of Dawei, Myanmar with the capital city of Thailand), these will require a lot of experienced engineers and companies from developed countries to help implement these mega projects.