|From||04 Dec, 2013|
|To||07 Dec, 2013|
|Venue||Jakarta International Expo Kemayoran|
MANUFACTURING INDONESIA 2013
The leading international manufacturing event in S.E. Asia’s LARGEST market!
The 24th Manufacturing Indonesia 2013 Series will be the biggest ever and will include:
With 31 years’ experience organising industrial exhibitions in Indonesia, we know the buyers you need to meet! Tap into our experience and secure your share of one of the world’s largest and most exciting markets.
Indonesia — the economic facts
After China and India, Indonesia is the 3rd fastest growing economy in the world’s leading industrial countries (G20). According to The World Bank, Indonesia is now the world’s 18th largest economy at US$650 billion with a growth rate expected to reach 6.3% in 2011, potentially 7% by 2012 and 8% by 2014 — exceeding the growth rate of both China and India within 10 years. The Euromonitor market research group expects that similar growth in per capita income will increase Indonesia’s middle class families from 36% of the population this year to more than 58% by 2020.
Political stability, and a population approaching 250 million makes Indonesia the world’s third largest democracy and by far the largest economy in South East Asia. With foreign and domestic investment at US$18 billion in 2010 targeted to increase to US$40 billion by 2015, Indonesia is now receiving the kind of attention that investors lavish on China and India.
Indonesia — the region’s production hub
- The Government estimates that the manufacturing sector will grow by 6% in 2011 driven by business expansions, new factories, increased production and new investment.
- The Department of Industry predict that growth in the manufacturing and processing industries will reflect economic growth of between 6 and 7% per annum over the coming years.
- With South Korean and Taiwanese firms leading the way, Indonesia is determined to become the region’s production hub and the factory for South East Asia.
- This growth has already increased Indonesia’s imports of factory machines which surged by over 68% to US$15 billion in 2009 according to the Department of Industry.