EXPO: More Than Sixty Chinese Companies Coming to IMEXPO
Recent Gauteng Business News
The upcoming IMEXPO2011 taking place in Johannesburg from 18 to 20 May 2011 at the MTN EXPO Centre, Nasrec, has already attracted a trade delegation of over sixty companies from China. The delegation will attend the conference and will be looking for investment opportunities. The aim of the IMEXPO2011 is to showcase new markets and projects to this Chinese investor delegation as well as to promote inter-Africa trade within the South African Development Community (SADC) Region. Traders from SADC and China will be able to connect and cement relationships.
These sixty Chinese delegates represent some of the top companies in China and close to a third of these represent the very important mining sector. Add to that the vital areas of engineering, machinery, construction, electricity, water and finances and the opportunities presented could translate into a huge boost for the SADC region’s economy. For the full list of delegates visit http://www.expo-international.com/imexpo/businessconference.htm
This is only the first group confirmed by IMEXPO’s Chinese counterpart, COIFAIR (Chinese Overseas Investment Fair), whose aim is to bring approximately one hundred investors, including representatives from some of China’s major State Owned Enterprises.
This first IMEXPO conference, forum and exhibition, supported by the South African Department of Trade and Investment (DTI) and the SADC Secretariat, has confirmed that 13 of the 15 SADC countries are participating.
One of the key sectors being targeted at the IMEXPO 2011 event is mining since the 13 already confirmed participating SADC countries have a rich diversity of mineral wealth and each are keen to secure investment funding from China to unlock the enormous wealth found within their respective countries. This provides massive opportunities for the large "Mining Support Industry" located within South Africa's borders and companies exhibiting at IMEXPO 2011 will be able to capitalise on the many opportunities. The expo will also be an important platform for the exhibition of SADC export ready products and services, particularly within the infrastructure components sector. Chinese infrastructure products and services will also be in the spotlight.
Whilst traditional trading partners with the SADC region have been hit by the global economic downturn China is bucking the trends and is expanding its investments and trade in Southern Africa. This investment is not surprising when one considers that the SADC region, with its 15 independent countries, has a combined consumer population estimated at over 242 million people. Countries within the SADC region are politically stable and collectively hold more than 70% of Africa’s total mineral wealth.
During 2010, China remained SADC’s unchallenged leader in terms of Foreign Direct Investment (FDI). These investments have created hundreds of direct and indirect jobs and brought thousands of new business opportunities through the procurement of goods and services from local suppliers. The SADC region is clearly a key target market for Chinese producers, manufacturers and exporters and it is becoming increasingly clear that China is willing and able to invest in solving some of the region’s most pressing infrastructure and development challenges.
“IMEXPO2011 is a forum where meaningful interactive engagement between decision makers at a high level can happen. Businesses looking to promote projects to secure joint ventures will be able to connect with those looking to identify new or existing business opportunities, capital ventures, development projects and funding.” Says Glenn Hawes, director of Expo-International
IMEXPO is divided into four components:
1. Exhibition from 18 to 20 May 2011
2. Investment Forum - 18 May 2011 (R2950 excluding Vat per delegate)
This forum focuses on Chinese investment into the SADC Region with the focus on resources (energy and mining), infrastructure, manufacturing, finance and agriculture.
The provisional programme focuses on the following topics in a speaker/discussion panel format:
· Opportunities for Chinese Investors;
· Mutual benefits in investment co-operation;
· Investing in SADC Areas – states, industries and project choices;
· Breaking through development bottlenecks – Investment strategies in Infrastructure; and
· Surpassing primary products – Investment co-operation, Prospects in Mining and Resources.
3. "Let’s do the business" Presentations - 19 and 20 May 2011, will highlight regional investment opportunities.
SADC countries - 19 May 2011
South Africa by region - 20 May 2011
Attendance at these presentations is free of charge.
4. Business to Business pre-arranged networking appointments
For further information, go to www.expo-international.com.
Business News Sector Tags: Business| Expo| Industry|