MARKET INFORMATION

“Indonesia is today a country in positive and rapid transformation.  In recent years the economy has maintained consistency even when other countries were in recession. 

Our development goals are realistically targeted for the growth of the infrastructure and economy of the country.  With such a dynamic business environment supported by proven good policies and business I urge both local and oveseas manufacturers of construction, mining, construction development and building materials, equipment and materials, to support the trade fairs, ConBuild Indonesia & Renewables Indonesia 2012. 

The country needs sustainable construction/materials and your investment and proven good practices are most welcome and highly in need.  We look forward to building strong cooperation networks on sustainable construction and to exploring all business options possible.”

Minister Ir. Djoko Kimanto
Ministry of Public Works, Republic of Indonesia

 

“Investment in construction materials or non-metal mineral industries grew three percent last year to Rp1.58 trillion from the previous year… The property market is expected to still grow in 2011 in line with the economic growth which is projected to reach 6.4 percent.”

Industry Minister MS Hidayat
Antara News - June 7, 2011

Resilient Economy Shows Gains and Growth Indonesian President Susilo Bambang Yudhoyono aims to expand Indonesia’s economy at an annual average rate of 6.6 percent. With an encouraging 6.5 percent GDP in the first quarter of 2011, Indonesia has also seen a rise in Foreign Direct Investment (FDI) by some 27 percent in the first quarter as compared to the same period last year.These positive developments see Indonesia well on its way to reaching its total FDI goal of US$28 billion. Indonesia’s exports have also increased, registering a 27.5 percent improvement from 2010.  A recent Bloomberg report that an Indonesian heavy equipment firm will likely experience a 29 percent increase in sales from last year due to strong demand from the mining industry is indicative of the growth opportunities in the mining industry. Insufficient infrastructure remain a barrier to investments, however, Indonesia still needs an estimated Rp 1,400 trillion until 2014 to build much needed infrastructure to aid economic development and expansion. Indonesia has been one of the best performers during the global economic crisis. It is expected to experience a continuous inflow of foreign capital in 2011 and 2012. Furthermore, the government has stated a target of 7-8 percent growth after 2013, which will set Indonesia on its way to being one of the world’s ten largest economies by 2025.		Indonesia’s Mining Industry Rankings Soar In The Global Context 5th rank of world tin reserve: Tin resources estimated around 0.622 million tons with mineable reserve approximately 0.462 million tons 7th rank of world gold reserve: Gold resources estimated around 4,163 tons with mineable reserve approximately 3,394 tons 7th rank of world copper reserve: Copper resources estimated around 68.96 million tons with mineable reserve approximately 41.47 million tons 8th rank of world nickel reserve: Nickel ore resources estimated around 1,650.4 million tons with mineable reserve approximately 585.2 million tons 15th rank of world coal reserve: Coal resources estimated around 104 billion tons with mineable reserve approximately 21 billion tons Crude Oil   Natural Gas   Thermal Coal   Geothermal   Tin                   Over 3.5 billion barrels of proven reserves   About 112 trillion cubic feet of reserves   World’s second largest exporter   Home to 40% of world’s resources   At 65 thousand tons per year, world’s second largest producer Source:  Ministry of Energy and Mineral Resources
INDONESIA’S TARGETS FOR 2010 – 2014: Economies across Asia are expanding strongly, with China and India leading the way with projected growth rates of 10.5 percent and 9.7 percent respectively. Indonesia is expected to grow by 6 percent. (Source:  IMF Report on Survey Online, October 2010) Economic Growth 6.3 – 6.8% average per year 7% average 7.7% by the year of 2014 Inflation 4 – 6% by the end of 2014 Investment Rp. 1.950 trillion Source:  RPJMN 2010 -2014 (Govt Reg no 5, 2010) Source:  Bappenas, Paparan Menteri Bappenas dalam Rakor Menko Ekonomi tentang Investasi Infrastruktur Agustus 2010