Thursday, April 23, 2009

METALTECH 2009 PROCEEDING AS SCHEDULED

Metaltech 2009 (MTM 2009) is be scheduled to be held from the 6th to 10th May 2009 is moving into its final stages of preparation. The halls are currently filling up fast and they have secured an 80% confirmation from exhibitors.
Despite the current economic situation, the show is getting strong support from the industry worldwide as the event draws nearer. They believe exhibitors are looking forward to Metaltech 2009 as a spur to the manufacturing industry in these challenging times.
METALTECH MALAYSIA (MTM 2009) will be back for its 15th year in providing the metalworking and machine tool industry with abundant business opportunities to achieve sales target, forge business contacts, promote your brands and gain market share!
As one of the most important event of its genre in South East Asia, METALTECH MALAYSIA is undeniably the only choice if you are looking for a highly relevant and successful platform to reach highly potential sales prospects and increase your company's brand awareness in the market.
Facts that demonstrates the importance of MTM as gateway to the lucrative manufacturing sector:

An unmatched number of quality visitors sourcing for metalworking machineries, tools and equipment. MTM2008 has attracted over 24,000 visitors from 69 countries.
A cache of sales opportunities. MTM2008 has generated more than RM720 million worth of sales from all exhibitors combined
More than 1,500 exhibiting companies from 33 countries in the year of 2008
A comprehensive range of brands and products for the industry under one roof
A conducive environment for product demonstrations
A conspectus of the industry for tends and latest updates.

Advancing towards the 2nd half of the 9th Malaysian Plan, the manufacturing sector is expected to continue to remain a key growth sector with the Malaysian economy. In 2007, the manufacturing sector accounted for 30.2% of the country's Gross Domestic Product (GDP).
The Malaysian economy continues to strengthen, registering a GDP growth of 6.3% in 2007, as compared to 5.9% in 2006. The economic growth in 2008 is envisaged to expand at 5%-6%.
The Third Industrial Master Plan (IMP3) has also shown steady growth in the industry, attributed by the machinery and equipment exports over the last 7 years. The exports showed an increased from RM7.4 billion in 2000 to RM 21.9 billion in 2007. In 2007, the approved investments of RM1.8 billion and exports of 21.9 billion exceeded the annual target of RM1.7 billion and 21.3 billion per annum respectively.
The higher growth can be attributed to the expansion of the private sector as well as the Government's pragmatic policies and strategies to diversify and promote new sources of growth. The announcement by Prime Minister Datuk Seri Abdullah Badawi on the liberalisation of steel ceiling prices has projected a positive notion for the nation's manufacturing industry, with the objective to promote market efficiency and transparency.
With the positive outlook, the machinery and equipment industry in Malaysia is poised to continue flourishing. Don't miss the abundant opportunities at MTM2009!