Germany to host specialized exhibition for machine tools in Tehran
The second edition of Germany’s specialized exhibition for machine tools and metalworking sector known as “AMB Iran” will be held in Tehran on May 23-26.
Already booked by over 180 exhibitors, the event organized by Messe Stuttgart, a major German exhibition and trade fair center, and the German Machine Tool Builders’ Association, VDW, recently invited keynote speakers to three industry get-togethers in the industrial hubs of Isfahan, Tehran and Tabriz.
Six-hundred high-ranking representatives from political, economic and industrial associations discussed the current situation following the lifting of sanctions against Iran and new opportunities unfolding in the country’s industrial sector.
Relevant topics include technology transfer from abroad, the potential for foreign investments and the importance of company and on-the-job training, European Tool & Mould Making magazine reported on its website
Mechanical engineering in Iran is currently experiencing a strong upturn. The numerous planned large projects, expansion investments and the renewal of outdated industrial plants offer mechanical engineers huge opportunities.
In Iran, imports are expected to grow $20 billion from 2015 to 2017. It is estimated that machines and accessories will account for 20% of this growth.
Iran possesses a well-developed automotive parts industry but there is still a high import requirement. There are around 15,000 production sites in Iran, but 60% of the parts required for the automotive industry are still imported.
The production capacities of Iranian automotive manufacturers are roughly 2 million vehicles per year. Modernization is also needed in the oil industry.
In addition, automotive manufacture, chemicals industry and the expansion of renewable energies are some of the areas in which machines are also required.
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