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Medium-sized and large enterprises are looking to mitigate risks in their China business. As a result, they are exploring alternative markets in Asia as part of a China +1 or an EU-Asia business strategy. At the same time, many Germany companies have a long history in serving customers in China and collaborating with Chinese business partners.
AHK Greater China, along with the strong AHK network in Asia, provides transnational and holistic support for the local economic interests of German companies and aims to help strengthen the resilience of supply chains of German companies in Asia. In our upcoming event series, our partner AHKs in the Philippines, Malaysia, and Vietnam will showcase their locations and provide information on exciting trends, developments, and business opportunities.
Session 1
Wednesday, December 13,
3:00–3:45 p.m. (CST)
(event in English language)
The Philippines: The Pearl of the Orient
Embark on strategic opportunities in the Philippines, Southeast Asia's gateway enticing German companies to diversify. Boasting a strategic location, skilled workforce, and a burgeoning market, it's an attractive business location. Tap into a digitalized population of 117 million, a growing middle class, and an English-proficient talent pool. From renewable energy, environmental and medical technologies to IT as well as other services and infrastructure solutions, opportunities abound. The Philippines has reshaped its business ecosystem, easing foreign stakeholder engagement through reforms and infrastructure initiatives like the Build Better More program. Seize these strategic advantages and position your business for success!
Session 2
Thursday, December 14,
3:00–4:30 p.m. (CST)
(event in English language)
Malaysia: Truly Asia
Malaysia stands out as a prime investment destination, ranked number 12 in Ease of Doing Business globally. This ASEAN founding member boasts a diverse economy with strong industry clusters in the electrical & electronics, oil & gas, automotive, and medical devices. With liberal landownership rights, a multilingual workforce, and English as the main business language, Malaysia is an attractive proposition for foreign investors from all over the world. The country's GDP growth has been consistently strong, averaging 5% annually. The country provides access to regional hubs and an established investor base of over 700 German companies. In short, Malaysia offers a dynamic business environment that presents compelling opportunities for savvy investors looking to tap into Southeast Asia's vibrant economies.
Vietnam: New Kid on the Global Manufacturing Block
Buyers and investors throw an increasingly keen eye onto this fast-growing economy. Vietnam's growth is fueled by industrial investments spurred by liberal economic policies, improving infrastructure and high-quality HR. The country has become a favorite for international enterprises to diversify their global manufacturing footprint. Vietnam is also growing into a high value add sourcing destination, moving into industrial supplies such as metal and plastic products as well as electronics. Now is the time to develop into this promising newcomer when it comes to the diversification and de-risking of supply chains.
The event sessions will be held via the Microsoft Teams platform. To register, please press "Register" and follow the procedure. You will receive a participation link later by separate email. Participation is free of charge.
If you have any questions, please do not hesitate to contact our new Diversification Desk. Please send an email to maertlbauer.christian@china.ahk.de
Disclaimer
©2023 German Chamber of Commerce in China (GCC) / German Industry and Commerce (Taicang) Co., Ltd. (GIC) and its branches / three Delegations of German Industry and Commerce (Delegation). No part of this event and/or content and/or publication and/or video may be reproduced without prior permission. For further questions, please refer to the provided contact persons.
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