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Taiwan International Motorcycle Industry Show Update

The four-day Taiwan International Motorcycle Industry Show, which closed Saturday, attracted a total of 20,000 visitors and buyers, with exhibitors seen likely to gain an estimated US$55 million from potential trade contacts made during the show. This year's motor show was 30 percent bigger than the last year's, as the space at the Taipei World Trade Center (WTC) Exhibition Hall 1 allowed for 200 exhibitors to display the latest motor vehicles, engines and other products at 500 booths.

The show was held alongside the Taipei International Automobile Electronics Show and the Taiwan International Auto Parts & Accessories Show from April 9 to 12.

Over 1,000 foreign buyers, mostly from the U.S., England, Japan, South Korea, China, attended the show and many of them have expressed interest in coming back next year, according to the show organizer Taiwan External Trade Development Council (TAITRA).

World-renowned motor brands like Italy's Plaggio exchanged business ideas with 30 local manufacturersat the show's 83 procurement meetings, TAITRA stated, adding that local companies are anticipating the business opportunity of some US$55 million from deals made at procurement meetings at the exhibition.

There was also an increased number of new buyers from Latin America, the Middle East and Africa, some of whom visited the factories of local manufacturers and expressed interest in placing orders, according to Taiwan's Dinli Metal Industrial Co.

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