Vietnamese Infrastructure Boom Spurs ConBuild Vietnam 2010 Growth

conbuild Showcasing in Hanoi over the period 1-4 December 2010, ConBuild Vietnam will put exhibitors in right place at the right time.
Singapore 16 September 2010
The enormous growth in Vietnam ’s construction sector, fuelled by a massive programme of infrastructure development along with private sector investment both local and overseas, is ensuring that ConBuild Vietnam 2010 will be the largest in the series to date.
With over 200 exhibitors from 20 countries including national pavilions for China , Germany and Singapore , the international exhibition and conference is taking place at a time when overseas manufacturers and service suppliers are taking a keen interest in the Vietnamese market.
ConBuild Vietnam 2010, to be held in Hanoi from 1 to 4 December, is now a recognised truly international showcase for the construction, building machinery, equipment, materials, vehicles, technology and services sectors, along with the related mining sector.
According to figures recently released by the Vietnamese Ministry of Construction, the total production value of the country’s construction sector increased by more than 25 percent in the first seven months of this year, compared to last year’s figures.
The increase is seen as an inevitable result of the priority that the Government of Vietnam is giving to the upgrading of the nation’s roads, railways, seaports, electricity and water supplies, all essential as Vietnam develops and becomes a more prominent player in the global economy.
The Government has been applying a series of incentives for investors and investment projects including tax preferences, preferences on land use, and giving preferential treatment to investors in industrial parks, export processing zones and hi-tech parks.
Infrastructure is providing the dynamic for growth, with US$18.09bn approved for the construction and development of the road system in the country.
Major projects for Hanoi include the Hanoi Metro rail system, construction of which is due to start in 2011, a new terminal for Noi Bai International Airport , construction of the Noi Bai-Nhat Tan expressway and the Nhat Tan Bridge , and large projects to prevent flooding and improve Hanoi ‘ s environment.
In Ho Chi Minh City there are also numerous projects either underway or about to begin in the public transportation, energy supply and sanitation sectors, with the West-East Saigon Highway and a large-scale water environment improvement project being two of the largest.
Improvement of the seaports includes the upgrading of Lach Huyen Port at Haiphong , the largest port complex in northern Vietnam , while national highway projects include the Danang-Quang Ngai expressway and the HCMC-Long Thanh-Dau Giay expressway.
Robust growth is also forecast for Vietnam ’s mining sector, based on the sheer scale of the country ‘ s resources. Vietnam ’s coal production rose 6.2 percent in the first five months of this year, compared to the same period last year, and output is set to increase.
Additionally there is a national plan to explore and exploit mineral and other natural resources which will see the expansion and opening of mines for the production of copper, nickel, gold, barite, graphite, fluorite, bentonite, diatomite, talc and other products.
ConBuild Vietnam 2010, which was last year held in Ho Chi Minh City , showcases back to Hanoi this year, where the first two exhibitions in the series, in 2007 and 2008, had been staged.
This venue puts all participants in close proximity to the relevant government ministries and departments, the industry associations and institutes, and the procurement offices of the state-owned and private sector construction, building and mining companies.
ConBuild Vietnam 2010 is being organised in close co-operation with the Vietnam Ministry of Construction, and endorsed by no less than 28 other ministries, government departments, associations and relevant international and local industry organisations directly involved in infrastructure development in Vietnam .
With the global economy now emerging from recession, and with a track record of growth, the Vietnamese construction market is one that is increasingly attracting the international players.
The high number of returning exhibitors and the number of new exhibitors, wanting to strategically place themselves in Vietnam’s exciting market is evidence of the success of the previous ConBuild Vietnam exhibitions, which have always had a strong focus on new technology and the presence of international expertise, both on the exhibition stands and at the related international conference and seminars held alongside the show.
Some of the key international and local manufacturers and suppliers showcasing their latest equipment, products and supplies to meet the present and future demands of the immense construction and building growth of the Vietnamese Infrastructure domain include Volvo, Kobelco Construction, Soilmec, Wirtgen, Johs-Rieckermann, Sakai, Linnhoff, Santa Margherita, Sichuan Construction Machinery Group, Dynapac, Demag, M & H Industries, Vietraco, Hormann, Vietserve Technology, Guangxi LiuGong, Cavico Construction, Breton SPA, Balkrishna Ind Ltd, and VLong.
Brought to you by Messe Munchen International (MMI Asia Pte Ltd), covering an area of over 10,000 sq meters of indoor and outdoor space ConBuild Vietnam 2010, the 4th International Trade Fair for Construction and Building – Machinery, Equipment, Materials, Vehicles, Technology and Services will be held in Vietnam Exhibition Fair Centre (VEFAC), Hanoi , from 1 – 4 December 2010.