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| Indonesia to be partner country for bauma 2013  Indonesia has a population of 238 million, a gross domestic product of 720 billion US dollars (2010) and is one of the 20 largest economies in the world. The country's building industry is booming and in the raw materials sector, too, major investment is scheduled for the medium term – all of which are good reasons why bauma should focus more closely on this economic region and the exciting opportunities it offers for the future. Consequently, Indonesia has been chosen as the partner country for the next edition of bauma, the world's largest trade fair for construction machinery, building material machines, mining machines, construction vehicles and construction equipment, which takes place from April 15 to 21, 2013 in Munich.The aim is to leverage Indonesia's significant business potential for the international construction machinery, building materials machinery and mining machinery industry. A co-initiator of the partner country concept of bauma, along with Messe München, is the German Engineering Federation, VDMA (Verband Deutscher Maschinen- und Anlagenbau). The concept was first implemented in 2001, and each time it offers the chosen country many benefits. So, too, at bauma 2013: The representatives from Indonesia will have the opportunity, in the lecture program, to present their country to the trade audience as an investment location and partner for upcoming projects. As well as an "Indonesia Forum", during the entire show there will also be an "Indonesia Business Lounge", presented by the VDMA. Here bauma exhibitors and visitors can come together to discuss the partner country and projects. There is no shortage of projects to discuss: Indonesia's GDP has after all been growing steadily for years, in 2011 again by 6.2 percent. At the same time, in 2010, the building industry turned in above-average real growth of seven percent. Investment is expanding in almost all areas, project activity is also increasing. By 2025 the government wants to invest 465 billion US dollars in expanding the infrastructure, in oil, coal and gas extraction and in the "electrification" of the country. According to government plans, by 2014 projects worth 160 billion euros are to be implemented. The number of building companies is rising steadily – in Jakarta alone around 450 large-sized building firms are registered. Around 60 percent of the building activity is concentrated on the island of Java. write your comments about the article :: © 2012 Construction News :: home page |