Industry News

2020 Bangladesh International HVAC, Air Conditioning, Refrigeration, Purification and Building Automation Exhibition

Views : 1418
Update time : 2020-07-09 13:52:33
Launch time: March 28, 2020
End time: March 30, 2020

Exhibition venue: Bangabandhu International Conference Center (BICC), Dhaka, Bangladesh

Exhibit scope:
All kinds of air conditioners, central air conditioning system, window air conditioner, split air conditioner, combined air conditioner, roof air conditioner, precision air conditioning, humidifier and dehumidifier, air purifier, conjoined air conditioning system, heat dissipation and condensation system; All kinds of refrigeration and air conditioning accessories, compressors, water vapor collectors, cooling towers, pumps, valves, etc.; Ventilation equipment and air purification system; Refrigeration and refrigeration units, industrial and commercial refrigeration equipment, condensing units, etc.; Building automation: all kinds of air conditioning, heating and cooling equipment, processing equipment and control devices, building automatic control and software technology, new process materials and applications, construction machinery and installation technology in construction, industry, commerce, food, automobile and family residence, etc.

Introduction to the exhibition:

Bangladesh HVAC & Refrigeration Exhibition, Bangladesh Building Materials Exhibition, Bangladesh Power Energy Exhibition and Bangladesh Water Treatment Exhibition were held in the same place at the same time. The exhibition was held at BICC Exhibition on May 10-12, 2018. The exhibition area of the last exhibition was more than 10,000 square meters, with more than 300 exhibitors from 12 countries. There are more than 8,000 visitors. With the accelerated development of Bangladesh's industry and economy, the demand increases, and at the same time, the refrigeration, HVAC and construction service industries also develop rapidly. SAFE HVACR has become the mainstream exchange platform of refrigeration and air-conditioning industry in South Asia, attracting more and more international buyers' attention, which is the door for you to open the Bangladesh market.

Economic and trade situation:

Bangladesh is located at the intersection of China, India and ASEAN, which are the three major economies in Asia. It is a bridge and link for multi-party cooperation and enjoys a superior geographical position. The construction of Bangladesh-China-India-Myanmar Economic Corridor will greatly promote the economic development of South Asia, and the trade pattern in this region may be rewritten. Under the background of interconnected regional construction, Bangladesh is expected to become an important commercial hub for regional cooperation with its superior geographical location. Generally speaking, Bangladesh has good terms of trade and a vast market. Bangladesh has a huge population. In recent years, its economy has been growing, its income level has been raised, and its consumption potential is huge. As Bangladesh is a least developed country, its export products enjoy preferential trade treatment such as duty-free and quota-free in Europe, America, Japan, Canada and Australia. In recent years, the bilateral trade volume between China and Bangladesh has grown rapidly. Since 2009, the trade volume between the two countries has maintained double-digit growth for many years. In 2014, the trade volume between the two countries reached US$ 12.547 billion, an increase of 21.98% year-on-year. Bangladesh has become my third largest trading partner in South Asia. China's exports to Bangladesh in bilateral trade include textiles, machinery, equipment, chemicals, fertilizers, seeds and consumer goods. According to the data released by the Central Bank of Bangladesh and the Export Promotion Bureau, the bilateral trade volume between China and Bangladesh exceeded US$ 9 billion for the first time in fiscal year 2014-15, in which imports increased by 9.0% to US$ 8.21 billion, while exports only increased slightly to US$ 791 million, and the trade deficit further widened.

Bangladesh's trade deficit reached US$ 6.09 billion, a year-on-year increase of 45%. Among them, the import amount reached 28.38 billion US dollars, a year-on-year increase of 10.15%; The export value reached US$ 22.29 billion, up 3.31% year-on-year. At the same time, the decline in overseas income remittance also caused the country's current account deficit to widen, reaching $1.12 billion by the end of February (compared with a surplus of $291 million in the same period last year). Central bank officials said that although the current account showed a deficit trend, the country's economy remained healthy.
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