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5th CAEXPO to meet Brunei's demands for building materials

Source:     Time:2008-09-19 09:45:09

The 5th China-Asean Expo (CAEXPO) to be held in Nanning from Oct 22 to 25 this year will showcase quality Chinese building materials that could meet the demands of Brunei's potential buyers.
As in previous years, the 5th CAEXPO will organise the Exhibition of Building Materials catering to the Asean markets.
Since 2004, this section has remained a key part of the CAEXPO's Pavilion of Commodity Trade.
The previous four expos attracted 398 enterprises in total from the building materials sector, using 626 booths, and these figures increase over time.
The top Chinese brand names that appeal to the Asean markets also gather at the event, including Eagle-Brand Ceramics, Huida Ceramics, Monarch Sanitary Ware, Nippon Paint, Carpoly, Power Dekor, Mexin and Pingguo Asia Aluminum Co Ltd, among many others.
At the CAEXPO in 2007, the total trading volume for building materials topped US$380 million, while the number of Asean purchasers for building materials grew by 29.49 per cent from the previous year.
In recent years, Brunei's market for building materials has also maintained a steady growth, as well as for domestic constructions and decoration projects.
To realise the diversified economy's developments, Brunei's government has put in more efforts in the infrastructure and IT sector, thus optimising the environment for investments.
Therefore, the building materials sector has also become a key focus for investments cooperation.
In addition, Brunei boasts a high GDP and strong purchasing capabilities.
Its current imports of China's building materials have also been growing by leaps and bounds.
With their large output volume, competitive prices and high quality, China's building materials now prevail in the Brunei market.
China is the world's largest producer and consumer of building materials.
Its sector has also retained rapid developments with constant increases in quality and new products being unveiled one after another.
source:Borneo Bulletin

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