OVERVIEW
The Council of Great Lakes Governors (CGLG) is leading a multi-sector trade mission to Indonesia, Vietnam and Thailand from March 16-28, 2012. The goal of this mission is to assist small to medium sized companies from the Great Lakes region export products and services to these rapidly-growing markets. A printable flyer for the mission can be found here.
Mission participants will receive:
- Customized one-on-one business appointments in each country with interested distributors, agents, and other prospective business partners set up by the Council's Official Trade Representative in Southeast Asia (average 3 – 5 appointments per day).
- Market overview including industry sector information and target company profiles.
- In-country business briefings.
- Services of CGLG's Official Southeast Asia Representative staff throughout the mission.
- Group airport-hotel-airport ground transportation in all three countries.
- Assistance with hotel bookings.
- CGLG staff will assist with follow-up after the mission.
WHY INDONESIA, VIETNAM & THAILAND?
INDONESIA:
- Indonesia is Southeast Asia's largest economy. It is a thriving democracy with significant regional autonomy.
- In 2010, Indonesia's annual growth expanded to 6.1%. Some experts predict that growth may reach 8% in 2011.
- With a population of 237.5 million, 50% who are under the age of 30, the consumer market continues to grow.
- More than 60 million low-income Indonesian workers are projected to join the middle class in the coming decade which signals increased spending on consumer goods.
VIETNAM:
- With a population of 86 million, half of who are under 30, Vietnam offers a dynamic and rapidly evolving commercial market. The market offers ground floor and growth oppertunities for Great Lakes exporters.
- Vietnam's economic growth has been one of the highest in the worls in recent years expanding at an average of 7.2% per year.
- U.S. exports to Vietnam in 2010 grew by 19.8% to $3.7 billion.
THAILAND:
- Thailand is the U.S's 22nd largest trading partner. In 2010, U.S. exports grew by 28% to 9 billion.
- The Thai economy is export dependent with exports accounting for 61% of its GDP.
- Under the Treaty of Amity and Commerce, the U.S. companies operating in Thailand, with the exception of a few sectors, are afforded national treatment or an "equal playing field" with Thai companies.
- Thailand serves as a gateway to Asia.
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If you are not already active in these important markets, now is the time to get started.
KEY INDUSTRY SECTORS |
- Aircraft and Parts
- Automotive
- Cosmetics
- Construction Equipment
- Defense Equipment
- Electrical Machinery
- Educational Services
- Enviromental Technologies
- Food Processing and Packaging
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- Industrial Machinery
- Information Techonology
- Medical Equipment
- Mining
- Oil and Gas
- Power Generation
- Renewable Energy
- Security Equipment
- Telecommunications
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TRADE MISSION ITINERARY |
REGISTRATION & COSTS |
| March 16 |
Depart U.S. for Jakarta, Indonesia
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Registration deadline is January 24, 2012
Mission Participation Fee: $750 per person -Includes group airport-hotel-airport transportation; country briefings; networking events, pre-trip and in-country staff support.
Market Research/Appointment Setting Fees*:
Indonesia $1,625
Vietnam $1,625
Thailand $1,625
*Varies by State you reside in
For additional information, please contact:
Zoë Munro
Program Manager
Council of Great Lakes Governors
Phone: (312) 407-0177
Email: zmunro@cglg.org |
March 17
& March 18 |
PM: Arrive in Jakarta, Indonesia
Free Day
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| March 19 |
Individual Business Appointments
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| March 20 |
Individual Business Appointments
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| March 21 |
AM: Travel to Ho Chi Minh City, Vietnam
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| March 22 |
Individual Business Appointments
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| March 23 |
Individual Business Appointments
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March 24
& March 25 |
PM: Travel to Bangkok, Thailand
Free Day |
| March 26 |
Individual Business Appointments
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| March 27 |
Individual Business Appointments
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| March 28 |
AM: Depart Bangkok for U.S.
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