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Indonesia to See the Fastest Construction Market Growth in Asia

2016-06-02 15:00 2499

JAKARTA, Indonesia, June 2, 2016 /PRNewswire/ -- Indonesia's construction market is one of the biggest in Asia. According to AECOM, in the medium term (up to 2020) Indonesia is indeed expected to see the fastest construction market growth of any Asian country.

The government has vowed to boost the country's infrastructure in order to provide a better environment for business and economic benefits to its people. 30 infrastructure projects worth some RP 851 trillion 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 2000 megawatt coal fired power plant in Java. Within Asia's transport sector, roads and railways will be particular bright spots. 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 (Source: BMI Research). These projects will create huge opportunities for suppliers of concrete materials, equipment and technology.

Work in progress
Work in progress

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 during 14-16 September 2016 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 trainings related to these additions will 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.

For more information and detailed event: www.concreteshowseasia.com

Contact Person: Abdi Fajrin
Phone Number: +62-21-2930-5959
Email: Abdi.Fajrin@ubm.com  

Photo - http://photos.prnasia.com/prnh/20160601/8521603549 
Logo - http://photos.prnasia.com/prnh/20150730/8521504987LOGO

Source: UBM
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