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The Lab (Asia) Limited, a wholly owned subsidiary of the SGS Group, is always delighted to work alongside SGS. On 9 July, SGS joined the China (Guangzhou) International Building Decoration Fair to organize a Seminar related to Construction Materials, Fire Safety, and Market Development in Southeast Asia. Our Business Development Manager, Mr. Sam Shen, was one of the speakers in the Seminar, followed by a Round Table Discussion.

During the Seminar, SGS first started with addressing continuous increase of investment in infrastructure (transportation, energy, urbanization projects) in Southeast Asia countries which result in a surge in demand for Construction Materials. Follow with our Business Development Manager Mr. Sam Shen, detail presentation about Development Opportunities for Construction Materials in Hong Kong, including 410,000 public housing units over the next decade as planned by 2024 Policy Address which will increase Fire-resistant components like fire doors and 2 Ten-year Hospital Development Plan that would involve involve renovation and expansion of around 16 Hospitals in Hong Kong, which would create strong marketing opportunities, as those project don’t just increase the demand building material but also high-standard fireproof materials too. Mr. Sam Shen then explain the detail of Certification for Public Housing Projects (PCCS-PFPP) for Hong Kong Public Housing Projects as well as Hong Kong Buildings Department’s 2024 Fire Safety Code which all developers need to follow for testing and certification. Then SGS close the Seminar with detail about mandatory certification requirements for Construction Materials imports and fire safety regulations in other Southeast Asia countries such as Malaysia and Singapore.

A Round Table Discussion soon follow, many experts amount the audience was involved in discussing the topic of “Regional Compliance Differences and Corporate Response Strategies.” We were able to approach the issue from various dimensions, including market entry barriers, regional regulatory differences, and economic costs. Against the backdrop of the ASEAN Economic Community (AEC) and the implementation of the RCEP agreement, the discussion revolved around how companies can establish a standard compliance system that is applicable across multiple regions in the Southeast Asian market, where multiple countries coexist. They also explored how to control certification costs and timelines while meeting different regulatory requirements, collectively investigating how companies can efficiently enter target markets at low costs while effectively addressing the market compliance requirements posed by regional differences.

Participants left with a deeper understanding of how to capitalize on Southeast Asia’s expanding Construction Materials market including Hong Kong. As always, The Lab (Asia) Limited remains committed to support those in construction, civil engineering, highways, airports, and associated industries.

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