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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Infrastructure Development Indonesia 2014 in response to the growing need of Indonesia to speed up its infrastructure development

Monday, August 11, 2014 > 08:21:44
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(MICE Times Asia)

Indonesia is ratcheting up infrastructure spending to upgrade roads, ports, water facilities, and power plant, after years of neglect caused by Asian economy crisis.. But instead of leaning heavily on public funds to get them done, the government is inviting private sectors to foot a good chunk of the bill and take advantage of investment opportunities.

One particular subject of the Indonesian economy that has been hampering Indonesia’s economic and social development is the lack of quality and quantity of its infrastructure. Whether it is ‘hard’ infrastructure (such as roads, airports and electricity supply) or ‘soft’ infrastructure (such as social welfare and health care) Indonesia seems to have a hard time pushing for efficient development. In the most recent edition of the World Economic Forum global competitiveness index (GCI, 2013-2014), Indonesia ranks 61st out of 148 economies with regard to the state of the country’s infrastructure.

Expansion of Indonesia’s infrastructure has not been able to keep up with robust macroeconomic expansion since recovery from the Asian Financial Crisis in the late 1990′s and as a consequence its economic growth cannot yet reach its full potential. It is estimated that when Indonesia would possess over adequate infrastructure its gross domestic product (GDP) could grow between seven and nine percent annually, instead of the current rate of 6.0 – 6.5 percent. The progress in infrastructure development in the last two years has been much better than expected.

In response to the urgent need of improving Indonesia’s infrastructure on all sectors, after its first and second trade shows in 2011 and 2103, P. T. Pamerindo Buana Abadi for its third time is organizing a trade show named Infrastructure Development Indonesia. Infrastructure Development Indonesia is an International exhibition for Building and Construction, Equipment & Mate-rials industry. The event will hold concurrently with Truck Indonesia and Interiors Indonesia. This leading trade show which will start on 9 September 2014 and end on 12 September 2014 is taking place at the Jakarta International Expo (JIExpo).

It is hoped that the exhibition will attract investors, who will participate in the trade fair as exhibitors and visitors, to help the government develop infrastructure. The organizer will be likely to provide a stand for Indonesian National Development Planning Board (Bappenas) to let prospective investors acknowledge which sectors of infrastructures they can invest.

The profile for exhibitors includes Suppliers and manufacturers of building materials, Plumbing, Electrical fittings, Ceilings, Sanitary ware, Kitchen fittings & fixtures, Architecture, Interior design, Bridge building, Waste management, Ventilation & air conditioning, Security systems, Fire detection & protection systems, Cleaning services, Security, Emergency services, Business IT services, Transport services, Gardening, Pest control, System maintenance service providers, Energy management.

The attendee’s profile includes Regional & National and Local Planning Authorities, Infrastructure Investment Funds Senior Representatives and Analysts, International, Regional and National Financial and Legal Institutions, International Purchasing Directors and Managers, International Procurement Officers, Engineers and Contractors, Infrastructure Project Directors.


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