ASEAN -The new strategy stronghold for high output led lighting business

 

ASEAN -The new strategy stronghold for high output led lighting business

 

ASEAN is now second only to North America, the European Union the world’s third largest regional organizations. Population of 576 million, the gross domestic product (GDP) reached 1.5062 trillion U.S. dollars, in terms of trade also has the unique advantage of zero-tariff policy of the China – ASEAN Free Trade Area. China as the world’s largest producing region of the LED lighting, the high output led lighting on the middle and lower reaches has formed a huge industrial chain, industrial advantages are obvious, although the Chinese mainland market also has great potential for development, but numerous industry chain the number of firms, the competitive situation is still grim. At a time when the ASEAN market, more like an undeveloped virgin land.

 

According to the news released by the Vietnamese Ministry of Construction, drafted by the Ministry of Construction 2011-2020 countries urban development plan draft has completed a total investment of urban development in Vietnam,2011-2020 of 1098 trillion rupiah (about $ 50 billion) by 2015 level of urbanization will reach 38%. According to the plan,2011-2015, urban development investment amounted to $ 23 billion, including $ 20 billion investment in new facilities, amenity transformation investment of $ 3 billion; 2016-2020 for $ 27 billion, including $ 24 billion investment in new facilities , townscape transformation to invest $ 3 billion. Thus, high output led lighting in the ASEAN market there is huge potential for expansion, the future may become a new strategic positions in the Chinese LED high bay lighting business. ASEAN Denver is a wise strategic layout of China LED companies in the global economic crisis.