25, May 2020 -

Southeast Asian countries receive boost

Southeast Asian countries receive boost by the Malaysian Timber Council

The Malaysian Timber Council exhibited at the 2018 Malaysian Timber Conference.

The Malaysian Wood Expo 2019 (MWE 2019) is a not-to-be-missed show that is the first true gathering of top exhibitors in Southeast Asia.

Jointly organised by the Malaysian Timber Council (MTC) and Wood Magazine publisher Panels & Furniture Group, MWE 2019 is scheduled for 19 to 21 November 2019 at the Putra World Trade Centre in Kuala Lumpur.

MWE 2019 is expected to attract the finest international wood-based manufacturers, exporters as well as woodworking machinery suppliers and buyers that will tap into the unlimited opportunities which some of the fastest-growing Southeast Asian economies have to offer.

The Association of Southeast Asian Nations (ASEAN) as the third largest economy in Asia and fifth largest economy in the world, offers great opportunities with its recovery of exports and robust domestic demand. Since 2006, ASEAN’s Gross Domestic Product (GDP) has stood steadily at 5.3% and total exports from the ASEAN economies rose by 14.7% to USD1.322-billion in 2017. With several free trade agreements under its belt, trading with ASEAN countries can lead to a wealth of business opportunities.  

Ranked as the second most competitive economy within the ASEAN bloc, Malaysia – with its well-developed infrastructure, sound political climate, strategic geographical location and business facilities – makes it an excellent gateway into ASEAN. Malaysia is also a good timber manufacturing hub for export to ASEAN countries which have a combined population of over 640 million and a GDP of USD2.8-trillion.

Both organisers – MTC and Panels & Furniture Group – have pulled out all the stops to make MWE 2019 a successful event. All is in place to make MWE 2019 an important tool in one’s business wheelhouse.

MWE 2019 will feature market trends, new products and is the place where the trends of tomorrow will be revealed to all industry delegates.

Source: Timber IQ
NOTE: Permission to use or reproduce this content must be approved by the publisher of Timber IQ. 

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