Q: We noticed that VanJee has participated in Intertraffic Mexico many times, and will participate in Intertraffic Mexico 2022 as well. What makes VanJee participate in the Mexico show? How do you hope to benefit from it?
A: Mexico is the largest potential transportation market in Latin America, with a population of 130 million. The current city road and construction are relatively saturated, while the development of intercity expressways is more promising. Compared with developed countries such as the United States, European countries, Japan, and South Korea, from the perspective of the expressway market, due to their early start, the current development situation has become saturated, and many have even begun to build smart cities. Vanjee will bring Weight-In-Motion and LiDAR as the highlights for showcasing. More than 80% of these two products are utilized for expressways or intercity highways, and obviously, among many developing countries, Mexico has more potential.
I learned about RAI and Intertraffic when I first entered the ITS industry a few years ago. I highly recognize Intertraffic's strategy to hold exhibitions in Indonesia, Turkey and Mexico. The markets of these developing countries are also in line with the strategic positioning of VanJee's global development.
Now VanJee has localized teams in Mexico, Indonesia, Brazil, India, etc. Participating in Intertraffic Mexico this edition will be mainly handled by local Mexican employees.
VanJee highly recognizes the Intertraffic brand. The regional spin-off shows are highly in line with the aspirations of Chinese enterprises. From the very beginning, we, Chinese companies, are lacking knowledge of the local markets, and can hardly approach customers, but through the Intertraffic worldwide events, they can help us develop relations with the corresponding customers and partners. Coupled with the connections and relations of VanJee's foreign employees, Intertraffic can be most utilized by us.
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