Hwaseong-si Achieves $7.45 Million Export Consultation Results at Japan M-TECH
6 Companies Participate in City Group Pavilion
Hwaseong City in Gyeonggi Province announced on the 24th that it achieved a total of 42 export consultation deals worth 7.45 million USD (approximately 10.356 billion KRW) at the '2024 Machine Element Technology Exhibition (M-TECH 2024)' held recently in Tokyo, Japan.
Corporate officials participating in the Hwaseong City group booth at 'M-TECH 204' held in Tokyo, Japan, are pledging to successfully develop export markets.
[Photo by Hwaseong City]
The city explained that these results were achieved at the 'Hwaseong City Group Pavilion,' where six local companies participated during the three-day exhibition held from the 19th to the 21st.
This exhibition is Japan's largest event for machine materials, components, and technology. Exhibits included ▲machine materials and supplies ▲motion technology ▲hydraulic and pneumatic equipment, among other machinery and equipment items.
The city evaluated that the exhibition, which was attended by numerous major buyers, helped lay the foundation for local small and medium-sized enterprises to enter overseas markets by achieving high consultation results.
In particular, Company A, which manufactures rubber weatherstrips, and Company B, which produces hydraulic and pneumatic fitting components, each achieved export consultation results worth 2 million USD during the exhibition, the city added. A representative from Company A said, "Participating as part of the Hwaseong City Group Pavilion, rather than individually, helped us gain synergy effects at an exhibition that would have been a heavy burden for a single company to attend," adding, "Sharing information with similar companies also provided more opportunities to meet new buyers, which was a valuable outcome."
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Jung Myung-geun, Mayor of Hwaseong City, stated, "Taking this exhibition participation as an opportunity, the city will continue to support companies to grow into an advanced industrial city leading future industries."
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