Singapore, Indonesia, and Malaysia have lagged behind rapidly growing neighbors like China and Vietnam in advancing automation and manufacturing processes within the heavy industry sector.
Investment has been stalled, first due to the pandemic and then the downturn in the offshore and marine industries—traditionally key sectors in the APAC region. While Covid-19 is now behind us and the offshore industry is showing signs of recovery, there are only limited indicators of an “industrial revival” driven by better processes and automation. However, a few companies, such as Korean KTU, now operating in Batam, are making strides with state-of-the-art production facilities.
Furthermore, rising land prices and rents in places like Singapore, Batam, and Johor Bahru make it crucial to enhance productivity and automate processes to stay competitive.
Does your company provide solutions for increasing efficiency in the metalworking and engineering sectors? We invite you to explore opportunities with us in the APAC region, where we have extensive experience and deep connections. We can support your sales development and facilitate direct engagement with industry players.
If you’re interested in expanding in Southeast Asia, feel free to reach out!
