Indonesia’s Construction Market One of the Biggest in Asia

Jakarta, Indonesia, 02 Ramadan 1437/07 June 2016 (MINA) – Indonesia is expected to see the fastest construction market growth of any Asia country according to AECOM, an American multinational engineering firm.

The Indonesian government has vowed to boost the country’s infrastructure to provide a better environment for business and economic benefits to its people. Currently, 30 infrastructure projects worth about 851 trillion Rp (USD 63 billion) have been set as priority and are to be developed until 2019.

These include the Trans Sumatera toll road – which will stretch for 2,818 kilometers – and a 2,000 megawatt coal fired power plant in Java. Within Asia’s transport sector, roads and railways will be particular bright spots, Mi’raj Islamic News Agency (MINA) reported, quoting rappler.com..

Indonesia’s road segment is forecasted to grow by an annual average of 12.8% between 2015 and 2024 in nominal terms to become the largest road market by 2024.

These projects will create huge opportunities for suppliers of concrete materials, equipment and technology.

Concrete Show South East Asia, launched in 2013, has clearly established itself as the only dedicated event for the concrete industry in the region.

The next edition, held this year from September 14 to 16 at JIExpo in Jakarta , will showcase more than 200 companies from 28 countries. New integrated sections such as Construction Chemicals will be introduced at the show given their relevance and importance. Further training related to these additions will also be provided during the show.

Extensive seminars and workshops will be held alongside the exhibition in partnership with the Indonesian Society of Civil and Structural Engineers, Indonesian Association of Precast and Prestressed Companies, Indonesian Association of Precast and Prestressed Engineers and the Ministry of Public Works and Housing Republic of Indonesia.  (T/R07/R01)

Mi’raj Islamic News Agency (MINA)