Indonesia Indocement: Government Projects to Boost Business

The government's massive infrastructure projects would provide a significant push for the cement industry. In 2016, the government allocated as much as Rp 313.5 trillion (US$23.51 billion) to infrastructure, marking its commitment to develop ports, roads and others facilities across the archipelago. The allocation is an increase on the Rp 290.3 trillion earmarked for infrastructure in 2015.

Indocement also attributed its optimism to the government's 12 packages and deregulation measures that make it easier to do business, and to Bank Indonesia's (BI) series of interest rate cuts - the rate now stands at 6.75% - that have made bank financing more affordable.

To learn more and meet the players that shape the cement industry, visit Concrete Show South East Asia in Jakarta from 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 to 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:

Abdi Fajrin
Phone Number: +62 21 2930 5959
Email: [email protected]

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SOURCE UBM