Jakarta International Expo
ASEAN’s Biggest Potential Construction and Mining Industries
Con-Mine 2022 serves the largest gathering and marketing place for international suppliers to showcase their latest products and technologies construction and mining industries in Indonesia.
Indonesia is considered as one of the most dynamic construction services market in the world. Therefore, Indonesian government continues to focus on infrastructure development after announcing significant and comprehensive economic stimulus packages. The construction market is projected to grow by 14.26% to Rp 446 trillion by 2017 and will be one of the most promising sectors to the acceleration of government infrastructure development plans.
Currently, Indonesia got “investment grade” of S&P Global Ratings and it brings Indonesia as a stable country with decent of investment. Besides, Indonesian government is targeting a growth rate of 12% with the infrastructure sector as the main driving factor. Furthermore, Indonesian has the largest mining sector business in Asia which reaches 12,74% of economic growth. This indicates that the international investors pursuing towards the construction and mining sector.
In accordance infrastructure development which reaches $450 billion, Indonesia has been transformed by the process of decentralization, implying that regional leaders have become actors in terms of contract-making for development projects. Domestic and foreign direct investment in Indonesia in the first quarter of 2017 reaches USD $11 billion. This case shows that it is highly unlikely for the private sector to come up with USD $141 billion for infrastructure development up to 2020 without some real breakthrough.
To accommodate the potential of construction and mining sectors, Con-Mine 2020 is the ultimate opportunity to connect to construction and mining businesses in ASEAN.