SOUTHEAST ASIABangkok Regional Office
- As a region, it is the 5th largest economy in the world with a population of 700 million people. - Thailand, Vietnam, Singapore, Malaysia, and Indonesia annually consume $2.7 billion in machine tools. Taken as a whole, they would be #8 in the world in consumption. - On average, 25% of the region’s GDP is focused on manufacturing. - Amidst geopolitical tensions, the shift of supply chains has resulted in a significant increase in foreign investments in Southeast Asia.
More About the Southeast Asian Markets
- The needs of the metal cutting industries in Southeast Asia is comparable to the USA. Due to a shortage of skilled workers, companies require automation and top tier machines, tooling, and accessories to manufacture higher-value components. - Indonesia and Thailand combine to produce 3.3M automobiles per year and rank in the world’s top 15 producers. - Indonesia (8M units), Thailand (3M units), and Vietnam (4M units) are all amongst the world’s Top 5 producers of motorcycles.
- Vietnam is the fastest growing economy in the region with Y2025 GPD forecasts at 7 to 8%. Last year FDI disbursements topped $25B. Major investments include aerospace, automotive, electronics, semiconductor industries. American presence includes Apple, Boeing, Ford, GE, Intel, and Nike. - Malaysia, known as “The Silicon Valley of the East” continues to see strong investment in the semiconductor market. In 2024, Malaysia received over $20B in FDI.
Products and Services
Jumpstart and accelerate your business abroad with our new direct sales support service. MASS will generate qualified sales leads and arrange periodic meetings where you can interact with your customers directly to further develop your active inquiries
This services allows participants to "direct hire" local candidates, with AMT overseeing all of the employer responsibilities including: job description and advertising, candidate search and interviews, compensation and benefits guidance. This allows U.S. companies to provide direct services within Mexico without the need to establish a company practice off-site
Locate and qualify foreign distributors and agents with the help of AMT’s international staff and their knowledge of the local market and major players in the industry.
These in-depth consulting sessions are customized to your specific needs in accessing the local market.
Contacts
Achilles Arbex Director, Global Services AArbex@AMTOnline.org Office: +1-(703)-827-5216 7901 Jones Branch Drive, Suite 900 McLean, Virginia 22102-4206 USA