Indonesia Cement Manufacturing: China tops the investor's list
JAKARTA, Indonesia, May 11, 2016 /PRNewswire/ -- Mainland China appears for the first time among Indonesia's top foreign investors. The Investment Coordinating Board (BKPM) ranks mainland China as the fourth-largest investor, after Singapore, Japan and Hong Kong, with its biggest investments in smelting facilities and cement manufacturing.
The BKPM recently launched a China desk, which employs Chinese-speaking staff, including two to three Chinese Embassy employees, to help investors in dealing with issues such as slow responses to licenses, land inquiries and language barriers.
Indonesia is pushing manufacturing forward to help reduce unemployment amid a slow global economy that caused price declines in the country's key commodities. As a consequence, President Joko Widodo has launched 12 economic packages so far aimed also at cutting red tape for investments in manufacturing facilities.
To learn more and meet the players that shape the cement industry, visit Concrete Show South East Asia in Jakarta during 14-16 September 2016. The leading business event and learning platform for the Concrete and Construction Industry in South East Asia – organized by UBM - gathers over 200 companies from 28 countries which share technology, insight and create real growth opportunities for Indonesia and the region.
ABOUT the organizer
Owned by UBM plc listed on the London Stock Exchange, UBM Asia is the largest trade show organiser in Asia and the largest commercial organizer in China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 31 offices and 1,300 staff in 24 major cities. We operate in 20 market sectors with 230 exhibitions and conferences, 21 trade publications, 18 online products for over 2,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. www.ubmasia.com
Contact Person: Ivan Ferrari
Phone Number: +62 21 2930 5959 ext 138
Email: [email protected]
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SOURCE UBM
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