Welcome you to the 4th edition of Indonesia Steel & Alumium Expo 2018 in conjunction with Indonesia Tube & Pipe | Cable & Wire | Pump & Valve | Roofing, Flooring and Wall Expo.
The 3 days main industry event is set to display full spectrum of products, technology, services and solution of the steel, building construction and structure industries, aluminium, tube and pipe, oil & gas, cable wire, and pump & valve sectors.
Indonesia has the fourth largest population in the world. Its economy is the 18th biggest in the world, is the largest in South East Asia, and is growing at 6% per year. Rising living standards, a rapidly expanding middle class, and increasing Government’s spending on infrastructure development are accelerating the demand for steel and its allied industries. The steel market demand in Indonesia is expected to reach a total of 16 million tons in 2016, and 20 million tons in 2020 and 30 million tons in 2030. This market has experienced a higher growth due to the increasing steel demand by the sector of infrastructure, property, manufacturing and automotives.
“It is expected that the number of skyscrapers in Jakarta to double by 2018 as developers tap into the booming demand for property. And within the next 5 - 10 years, Jakarta will be among the top of 20 ASIA City.”
Indonesia with over 240 million populations is the world’s 4th largest economy, the biggest market in Southeast Asia and accounts as the fastest growing economy after China and India. In times of uncertainty of the Europe and the US economy, Indonesia remains one of the world's strong, promising emerging market due to its large domestic demand.
The rapid growth of Indonesia’s economy has increased the demand for building offces and accelerated expansion, among others, in the healthcare, pharmaceutical, shopping centres, hospitality, and automotive production-base. This in turn multiplied the demand for better lift and elevator solutions, building mechanical electrical products, and innovative energy ecient products.