First time outside China and first time in Bangkok: The 7th Railworld Summit 2012, will take place next week at the Dusit Thani Hotel in Bangkok.
BANGKOK- China’s leading event organizer CDMC (China Decision Makers Consultancy) and AABC (AseanAffairs Business Council) – the business platform of C.I.A. (China-India-Asean) and Asean Affairs – a media dedicated to SE Asia- bring to Bangkok and Asean for the first time the Rail World Summit 2012. The summit is hold for the seventh time but this is the first time that it will venture outside China.
Southeast Asia is one of the most dynamic, fast-growing regions in the world today. It offers a market of 590 million people, rich natural resources, skilled labor, and an export industry concentrated in global high-growth sectors – all tied together in a free-trade area, ASEAN.
Hosted from 24 to 26 October, the three-day summit will address the most critical industry issues in Southeast Asia and globally and will draw attendees from government, railway authorities, projects, equipment and technology companies, aiming to help to gauge the pulse of this dynamic industry and get caught up with the most cutting edge railway technologies.
The market for rail technology in Southeast Asia currently has a volume of approximately EUR 1.8 billion. The market will grow at a significantly higher level than other regions. We expect growth of 6% per year to around EUR 2.4 billion in 2016. Though the region makes up only a small share of market volume for railway technology in Asia compared to China, India and Japan, the region is very interesting for international players due to its relative openness and low local competition.
The summit has been extended to feature a post-congress full-day site tour on the third day, which is a tailor-made site visit with high-end reception designed to witness the remarkable advancement of industry facilities, and will leave with practical skills and new contacts.
The conference will draw over 270 participants, bringing together with government and association, railway authorities, metro/LRT operators, project owners, planning & design institutes, equipment & technology vendor and IT solution companies.
Luc Citrinot a French national is a freelance journalist and consultant in tourism and air transport with over 20 years experience. Based in Paris and Bangkok, he works for various travel and air transport trade publications in Europe and Asia.
