HONG KONG – A combination of location, infrastructure and the stakeholders’ attitude clinched the deal to transplant Asian Aerospace from Singapore to Hong Kong, said Paul Beh, president, Asia-Pacific , Reed Exhibitions, which owns Asian Aerospace
“In terms of location, Hong Kong is very well-placed. It is right in the heart of Asia, located in the shift of buying power in the aerospace sector. We are shifting to the dynamics of the industry, where the market wants to go,” he said.
And China is what they want to tap.
Hong Kong serves as a two-way platform for companies wishing to access
the Mainland, and for Mainland companies to launch themselves to the
international marketplace, said Mike Rowse, chair of AsiaWorld-Expo, where the show will be held.
Martin Craigs, president of Aerospace Forum Asia, stressed the strength of China’s demand. “Bear in mind that China is about to go through the historic growth. It ordered 300 airplanes in one month last year. That is half a billion US dollars of hardware purchases per day in a month,” he said.
Beh said that Reed considered several cities in Asia and saw many “very attractive alternatives”. He said, “But there is only one in the end. And obviously, Hong Kong is the best and we choice the best.”