RSBC took part in International Exhibition ITAP-2022

Russia-Singapore Business Council (RSBC) took part in the International Exhibition “Industrial Transformation Asia-Pacific (ITAP)”.

Asia's largest industrial transformation exhibition Industrial Transformation Asia-Pacific 2022 (ITAP) was held from 18 to 20 October in Singapore. The event serves as a catalyst for the development and application of solutions and technologies of Industry 4.0, as well as a platform for the interaction between enterprises in the Asia-Pacific region in manufacturing, service and other sectors with other international markets’ players to scale their activities efficiently.

The key areas of the exhibition were Industry 4.0, digitalization, artificial intelligence (AI), additive manufacturing, etc. Representatives of RSBC noted that the exhibition had large-scale expositions of international companies, including the leaders in the field of automation, manufacturing and additive technologies.

There was a business mission organized for a number of Russian enterprises within the international exhibition at the initiative of the RSBC. It included business negotiations and meetings in the Singapore-based Foreign Promotion Center of Russian high-tech companies and presentation of investment projects.

The Deputy Chairman - Executive Director of RSBC Sergey Pronin stressed the high efficiency of such events, arguing that it helps to strengthen cooperation between representatives of major markets, and contributes to the global growth of the Industry 4.0 initiative. “Amid the fundamental transformation of the economic landscape Russian business faces important tasks – matching global trends and searching for new directions of cooperation, as well as strengthening cooperation with dialogue partners. Russia-Singapore Business Council, in turn, assists Russian companies in this matter”.

Speaking about the key role of RSBC, Mr. Pronin highlighted the importance of access to international markets, contact with suppliers, developers and manufacturers. In particular, the use of the international information and service platform RSTrade contributes to the solution of these tasks regardless of the territory and situation in real time. New contacts and technological partnerships make it possible to create innovative goods and services.

The event has become significant and momentous for many companies, including Russian ones. RSBC promotes the business of more companies in Asian markets by participating in such international events.