Auto parts makers eye partnerships with Taiwan firms

MANILA, Philippines -  A delegation of Philippine automotive and motorcycle parts companies will join the Outbound Business Mission (OBM) and the Taipei International Auto Parts and Accessories (AMPA) 2012 Trade Show from April 11-14 to explore possible partnerships in Taiwan, the Department of Trade and Industry (DTI) announced over the weekend.

The delegation will consist of representatives from Nito Seiki Corp., Famous Secret Precision Inc., OEM Parts Manufacturing Corp., Narida Auto Parts Corp., Fravinz Enterprises Inc., MD Juan Enterprises Inc. Centro Manufacturing Corp., and Hardware Labs Performance System.

The trade show is organized by the Bureau of Export Trade Promotion (BETP), DTI’s export marketing arm, the Motor Vehicle Parts Manufacturers Association of the Philippines (MVPMAP), the Philippine Trade and Investment Office - Taipei, (PTIC-Taipei) and the Manila Economic and Cultural Office (MECO) -Taipei.

DTI said the expo will be a venue to explore strategic partnerships with auto parts importers, equipment suppliers and potential investors. A series of business meetings are also being arranged for the delegation.

The Philippine Trade and Investment Center (PTIC) in Taipei reported that the participation of the country in the AMPA trade show last year resulted to booked and negotiated sales worth $17.6 million. Last year’s show attracted 54,000 registered buyers from the US, Europe, Australia, Japan, ASEAN, India and China.

DTI said the delegation will showcase its various capabilities on casting, stamping, forging and tooling and auto products like crank pin, bushing, starter, alternator and distributor, radiator, motor vehicle bodies, exhaust pipe and muffler and other assorted auto components and sub-assemblies.