Tuesday, September 26, 2006

Philippine suppliers eye ASEAN OEMs as partners

Philippine electronics suppliers are eyeing major original electronic manufacturers from the ASEAN in the forthcoming ASEAN Electronics Business Opportunities Exhibition and Conference (AE-BOEC), a whole day conference and reverse trade fair featuring major buyers from the ASEAN as presenters and exhibitors.

“This unique scenario gives our local suppliers for consumer electronics, electronic data processing, electronic manufacturing, and semi-conductor industries a chance to meet the major ASEAN buyers face to face and offer their new products and manufacturing capabilities in one venue,” said Trade Assistant Secretary Fe Agoncillo-Reyes, executive director of the Center for International Trade Expositions and Missions (CITEM).

The event, which coincides with the 12th ASEAN Summit and the ASEAN Electronics Business Leaders Meeting to be held in Cebu City, is also part of the ASEAN efforts to facilitate the integration of its electronics industries, Agoncillo-Reyes also said.

AE-BOEC is slated on 07 December at the Rizal Ballroom of the Makati Shangri-La Hotel.

One of the highlights of AE-BOEC is the ASEAN Electronics Reverse Trade Fair (AE-RTF) where suppliers can walk through a host of large electronic companies from the Philippines, Thailand, Vietnam, Malaysia, Singapore, and Indonesia, and get first hand information on the products, materials, and services, which the ASEAN buyers intend to procure.

AE-RTF also involves promoting the intra-ASEAN trade through a single production and supply base for all electronics products, discovering supply chain benefits, such as competitive pricing and turn-around time, and exploring possible opportunities for ASEAN brands/products to be sold to other regions.

Investors who are planning to expand their businesses within the ASEAN, can take a look of the investment scenario in different countries, and learn about the existing framework for intra-ASEAN trade agreements in said event.

The AE-BOEC is a joint undertaking of the Department of Trade and Industry (DTI) through the Board of Investments (BOI)’s Business Development Team for Electronics and the Center for International Trade Expositions and Missions (CITEM), and the Semiconductor and Electronics Industries of the Philippines, Inc. (SEIPI).

Companies who are interested to get a hold of the priority appointments for one-on-one business meetings must pre-register with the AE-BOEC Secretariat at 8311268, 8312201 locals 257 and 227, or email industrial@citem.com.ph.

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