SHANGHAI--(Business Wire)--Rail transport has played a minor role in most countries up to now. Inadequate infrastructure limits the development of rail transport performance, despite the higjh mobility demand. However, all the countries in the region are planning upgrades or expansions to their networks. This is motivated both by the need to accommodate rapidly growing populations in the major cities and by a desire to improve access to world markets for the region’s natural resources.
The 9th Railworld Summit 2013, organized by CDMC, will enter a new chapter in Bangkok, Thailand, 24th-25th October. The two-day summit will address the most critical industry issues in Southeast Asia and globally.
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 the ASEAN free-trade area.
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 reaching approximately 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 lack of strong local competition.
The conference will draw over 250 attendees from government operators, railway authorities, advanced equipment providers, EPC contractors, solution providers, research institute, consulting companies, aiming to help to gauge the pulse of this dynamic industry and get caught up with the most cutting edge railway technologies.
Join us in Bangkok, Thailand 0n 24th-25th October 2013 at the annual gathering of
railway industry!
For more information, please visit: http://www.cdmc.org.cn/2013/rws/
Contact:
China Decision Makers Consultancy (CDMC)
Seven Yang
Tel: +86 21 6840 7631
Email: seveny@cdmc.org.cn
China Decision Makers Consultancy (CDMC) has operations across four places of Singapore, the Philippines, Shanghai, and Beijing in three countries, and is the earliest, most powerful and influential independent brand conference organizer.
For years, CDMC EVENTS has made notable achievements with painstaking efforts and developed a major national talent team of over 240 professionals for meeting initiation, meeting positioning, meeting product design, meeting channel marketing and other functions.
