Booming Indonesian economy opens new opportunities to Southeast Asia's metal and steel markets
The 4th edition of indometal – the International Metal & Steel Trade Fair for Southeast Asia, returns to JI Expo, Kemayoran, Jakarta, Indonesia from 17 – 19 October 2018
Indonesia has seen tremendous economic growth and developments, and by 2030, Indonesia’s GDP is projected to exceed US$3.7 trillion. The country’s growth has been propelled by advances and increased focus in infrastructure, oil and gas, mining and power generation. Its metal and steel market remains lucrative, as the country could surpass India’s as the world’s second largest stainless steel producers in the next few years. Leveraging on this growth, the country also announced the development of three steel industry clusters worth a total investment value of US$14.89 billion. Accelerated growth in infrastructure is also taking place in Indonesia, with the country’s government extending their invite to foreign investors to invest in various infrastructure projects.
These trends could certainly benefit the metal and steel market with the import of raw materials, steel production and infrastructure development.
The staging of indometal 2018 therefore comes at an opportune time for businesses wanting to expand their foothold into the vast Indonesian market.
Driven by the established know-how and credentials of German-based events under the Messe Düsseldorf group – GIFA, METEC, THERMPROCESS AND NEWCAST, and jointly organised by Messe Düsseldorf Asia and PT Wahana Kemalaniaga Makmur (WAKENI), indometal 2018 is set for another successful edition with 300 exhibitors from 30 countries, including the participation of national pavilions and country groups such as China, Germany, Italy and Taiwan, as well as established companies in the likes of Makmur Meta Graha Dinamika and Hitachi High-Technologies.
Some 5,000 qualified trade visitors from a diverse range of industries, manufacturing, mining, ship building and automotive are expected at the three-day trade fair. Visitors can look forward to worthwhile networking opportunities and a wide array of innovations in the fields of metallurgy, foundry equipment, thermo process technology, semi-finished and finished products, accessories and tubes to fulfill their sourcing objectives and value-add to their business.
As a platform for knowledge exchange, discussions on the latest market trends will be explored through an industry-led seminar and technical presentations by exhibitors. Organised by the Indonesian Foundry Industries Association (APLINDO), the Indonesian Foundrymen's Association (HAPLI) and the trade fair’s co-organisers, the seminar titled “Supporting the Government’s Program to Strengthen Upstream Industry”, will feature a stellar line-up of industry speakers, including a keynote speech by the Ministry of Industry, Republic of Indonesia. Topics covered include the development of the smelter industry in Indonesia, mineral processing process and trends in the aluminium sector. While exhibitor’s technical presentations by PT Green Plus Indonesia, O.M. LER Srl, PT Spektris Metalab and Octo Corindo will see launch of latest products and introduction to their newest technologies.
Set against the region’s immense business potentials for the metal and steel industry, indometal 2018 is the choice trade platform to be in touch with world-class exhibits, gain insights to industry highlights and forge new business ties and partnerships.
For space bookings and visitor registration, visit www.indometal.net
Indonesia’s economy hits the trillion-dollar milestone – RETalk Asia
Indonesia playing ever more key role in stainless steel market – Recycling International
Steel imports inevitable for Indonesia – The Jakarta Post
Indonesia offers infrastructure projects to global investors – The Jakarta Post