Reed Tradex, the leading exhibition and conference organiser, will soon announce its plans for international exhibitions to be held in Thailand next year.
These trade shows are expected to help the company reach 20-per-cent annual growth in 2012, the same rate as seen this year.
"The company is considering three international shows involving food, packaging and medical care next year," Chainarong Limpkittisin, managing director of Reed Tradex, told The Nation.
The upcoming trade show will be the organiser's first new show in five years following the impact of the political crisis in Thailand on business, and the exhibition market. Reed Tradex will continue to organise its eight main shows, including the Manufacturing Expo, Industrial Components and Subcontracting, Industrial Energy and Environment, Nepcon Thailand, FurnitechWoodtech, GFT and Worlddidac Asia.
These trade shows focus on metal and machine tools, manufacturing, furniture, garments, textile and education.
Due to the improved domestic economy and political stability, key industries such as electronics, automobiles and the metal industry are witnessing positive growth, as well as an increase in trade exhibitions.
For example, Manufacturing Expo 2011, which was held from June 23 to 26, attracted 44,770 trade visitors, up 25 per cent from last year's show, and generated more than Bt50 million in meetings, incentives, and overall convention and exhibition industries.
Further, according to the Thailand Convention and Exhibition Bureau, Thailand expects to receive Bt155 million in revenues from exhibitionsr in 2012.
"Given these reasons, Reed Tradex estimates it will see 20-per-cent growth in revenues this year and continue this growth into next year," Chainarong added.
However, he voiced concern about the financial crisis due to the United States' high debt, as well as inflation and high sovereign debt of European countries as this might lead to loss of confidence in exhibitors and trade visitors from those markets.
By Watchiranont Thongtep
The Nation
Published on August 15, 2011