Events | Building & Infrastructure Indonesia 2013
|From||04 Sep, 2013|
|To||07 Sep, 2013|
|Venue||Jakarta International Expo|
Indonesia: Asia’s emerging powerhouse
Indonesia is now the 3rd fastest growing economy amongst the world’s wealthy industrial countries and major emerging markets (G20). A US investment bank said the BRIC economies (Brazil, Russia, India and China), which had been fuelling global growth for several years should now include Indonesia. Another securities house has ingeniously invented the term “Chindonesia”. China, India and Indonesia, as Asia's economic bulwarks. The Jakarta stock exchange index, in US dollar terms, has risen by around 95% making the bourse the world's second-best and Asia's best performer. Indonesia's GDP growth is expected to reach 5% in 2010, 6% in 2011 and potentially 7% in 2012.
|Over 50,000 industry professionals visited The Energy & Mining Indonesia Series 2011|
INFRASTRUCTURE DEVELOPMENT INDONESIA
To ensure that economic growth can rise to its potential infrastructure development is vital, more toll roads, power plants, railways, bridges and tunnels and improved harbours and airports, water & sanitation are needed, not only to create employment (and stimulate consumer spending), but also to attract private investment. Plans to upgrade Indonesia’s infrastructure are expected to attract US$70 Billion of investment over the next 5 years stimulating a boom in the construction industry that is expected to grow at over 6.8% year on year.
Due to increased investment in both the construction and mining sectors the country’s biggest supplier of heavy equipment is expecting sales to increase by 15% year on year. Truck Indonesia 2009 attracted most of the major international manufacturers including; Ford Trucks, GM Tractors, Hyundai, Kobelco, Komatsu, Man Trucks, Mercedez-Benz, Mitsubishi, Nissan Diesel, Renault Trucks and Volvo Trucks.